2948 S Palm Grove Ave, Los Angeles, CA 90016
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2948 S Palm Grove Ave Los Angeles, CA 90016

$3,700
  • 3 Beds
  • 1 Baths
  • 1,714 Sq.Ft.
For Lease
$3,700 Get Pre-Qualified

Map preview of 2948 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2948 S Palm Grove Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,714 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This beautifully renovated cozy 3-bedroom duplex offers a perfect blend of modern comfort and convenience. Step into the tastefully updated kitchen featuring quartz countertops, new cabinets, a brand new microwave oven, and a stylish backsplash. The new bathroom boasts sleek modern finishes with porcelain tiles adorning the shower walls and floors. Enjoy the comfort of new split AC units, the convenience of fresh paint throughout and washer/dryer hookups in unit. Centrally located in the West Adams neighborhood, this property is close to major freeways, restaurants, shopping centers, public, and private schools. Experience the charm of palm tree-lined streets, a suburban feel, the proximity to recreation centers and family parks. Approved 3-bedroom Section 8 vouchers will be considered. Call to schedule a viewing today!

Listed by Sasharee Dewar | BRE #02129292 | Berkshire Hathaway HomeServices CA Properties
Last checked: 13 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24375159
City
Los Angeles
County
Los Angeles
Time on Site
46 days

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Property Details for 2948 S Palm Grove Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Tile, Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5057025013
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: S Palm Grove Ave and Jefferson Blvd
View more facts & features

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Sale History for 2948 S Palm Grove Ave

Last sold for $900,000 on February 1st, 2024
  • April, 2024

  • Apr 1, 2024

    Date

    Active

    CRMLS: 24375159

    $3,700

    Price

  • February, 2024

  • Feb 1, 2024

    Date

    Sold

    CRMLS: 23331171

    $900,000

    Price

  • Nov 11, 2023

    Date

    Active

    CRMLS: 23331171

    $959,900

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this updated, well maintained duplex in one of the hottest pockets of Los Angeles. The unit on the South (right side) is a VACANT 2 bedrooms and 1 bath. Unit on the North side (left side) is occupied 3 bedrooms 1 bath (BOTH UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW). There is also a bonus room behind the 3 bedrooms unit. Both units have their own washer and dryer. Property offers 2 cars garage plus a large storage area and a bathroom (might be a good potential to add an ADU- check with city). Conveniently located a few minutes walk from the METRO LINE. New roof was install in 2023 with 10 years warranty. electric panels have been updated, recessed led lighting throughout the units. This one will not last.

  • October, 2023

  • Oct 16, 2023

    Date

    Canceled

    CRMLS: 23270310

    $985,000

    Price

  • Jul 15, 2023

    Date

    Active

    CRMLS: 23270310

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this updated, well maintained duplex in one of the hottest pockets of Los Angeles. The unit on the South (right side) is a VACANT 2 bedrooms and 1 bath. Unit on the North side (left side) is occupied 3 bedrooms (plus a bonus room) 1 bath. Both units have their own washer and dryer. Property offers 2 cars garage plus a large storage area and a bathroom (might be a good potential to add an ADU- check with city). Conveniently located a few minutes walk from the METRO LINE. Both electric panels have been updated, recessed led lighting throughout the units. This one will not last.

  • May, 2012

  • May 24, 2012

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

  • December, 2010

  • Dec 8, 2010

    Date

    Sold (Public Records)

    Public Records

    $512,724

    Price

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Tax History for 2948 S Palm Grove Ave

Assessed Value (2020): $327,317
Year Land Value Improved Value Assessed Value
2020 $229,698 $97,619 $327,317

Home Value Compared to the Market

This property vs the competition

2948 S Palm Grove Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment.

About 2948 S Palm Grove Ave

Detailed summary of property

2948 S Palm Grove Ave is a single family home for lease located in Los Angeles, CA 90016. This house offers 3 bedrooms, 1 bathrooms, roughly 1,714 living square feet, and sits on an approximately 5,200 square foot lot. 2948 S Palm Grove Ave was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $3,700. Local homes that are currently for sale include 2107 S Mansfield Ave, 3703 Virginia Rd and 2342 S Cochran Ave. While the average home in Los Angeles, CA is selling in 92 days, 2948 S Palm Grove Ave has a days on market of 36 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for lease at 2948 S Palm Grove Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2948 S Palm Grove Ave

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,714
Lot Size
5,199
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
549
APN
5057-025-013

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 2948 S Palm Grove Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.