$1,250,000
2911 S Palm Grove Avenue, Los Angeles CA 90016
Multi-Family (3 Units)
Property type
9 days
On market
$316
Price per sqft
0 cars
Garage
1930
Year built
5,199 sqft
Lot size
Open Houses
Overview
Ideal Owner User Opportunity! 2911 S Palm Grove Ae offers a rare opportunity to purchase a triplex in a strong picket of West Adams, with 2 of 3 units unoccupied. The property features a great mix of units, consisting of (1) Vacant 3 bed/1 Bath measuring at 1,100 Square Feet, (1) Vacant 4 bed/3 Bath measuring at 1,950 Square Feet, and (1) occupied 2 Bed/1 Bath...
Listing provided by: Aaron Jacobson DRE #02100737 310-729-1559, Lyon Stahl Investment Real Estate, Inc., Brandon Maghen DRE #02250000, Lyon Stahl Investment Real Estate, Inc.
Listing updated: May 27, 2026 at 09:47pm.
Last checked: Jun 2, 2026 at 09:00am
Source: CRMLS #SB26115015
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $0 | $3,495 | $3,495 | Unfurnished |
| 1 | 4 | 3 | — | $0 | $4,350 | $4,350 | Unfurnished |
| 1 | 2 | 1 | — | $1,039 | $1,039 | $2,795 | Unfurnished |
# of Buildings: 1
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.7x
List Price / Annual Gross Rent
Cap Rate
5.91%
NOI / List Price
Gross Scheduled Income: $107,208
Operating Expense: $27,979
Net Operating Income: $73,869
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5057026028
Additional Parcels: No
Tax Lot: 460
Community
Senior Community: No
Community Features: Curbs, Suburban, Sidewalks, Urban
Nearby Schools
Nearby schools around the 2911 S Palm Grove Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,000,000
Total Interest
$1,275,445
Total Payment
$2,275,445
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,773
per month
Property History for 2911 S Palm Grove Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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