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1906 S Palm Grove Ave

Los Angeles, CA 90016
  • $1,950,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 22-118365
New On Site 5 Days Ago
$1,950,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,326
    SQFT
  • $451
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Description

Searching for a multi-residence property with plenty of investment potential? Take advantage of this rare opportunity to own an upgraded and fully occupied triplex enviably set in a bustling Los Angeles location! Discover three newly remodeled units showcasing beautifully designed interiors for a comfortable and convenient lifestyle. Both main-level homes offer 2 bedrooms and 2 baths while the upper-level residence comes with 3 private retreats, 3 baths, and a balcony overlooking the stunning LA cityscape. Abundant natural light beams through expansive windows across the impressive open-concept layouts that accommodate well-sized gathering areas for entertaining. Recessed lighting accentuates the gleaming wood flooring, plus every kitchen highlights stainless steel appliances and newly installed cabinetry. Each unit comes with centralized A/C and heat, as well as recently purchased in-unit washers/dryers. Explore additional features, including updated plumbing and electrical, tankless water heaters, newly upgraded electrical panels with individual meters, plus security motion-activated lighting. Multiple parking spaces are yours with two detached garages, and there are two separate driveways with automated access. Turn your real estate vision into reality and give us a call today!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-18T23:42:30.82. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/124725632
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1906 S Palm Grove Ave Los Angeles, CA 90016

  • Price: $1,950,000
  • Status: Active
  • On Site: 5 Days
  • MLS #: 22-118365
7
Beds
0
Baths
0
½ Baths
0.17
Acres
4,326
SQFT
$451
$/SQFT
1922
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Searching for a multi-residence property with plenty of investment potential? Take advantage of this rare opportunity to own an upgraded and fully occupied triplex enviably set in a bustling Los Angeles location! Discover three newly remodeled units showcasing beautifully designed interiors for a comfortable and convenient lifestyle. Both main-level homes offer 2 bedrooms and 2 baths while the upper-level residence comes with 3 private retreats, 3 baths, and a balcony overlooking the stunning LA cityscape. Abundant natural light beams through expansive windows across the impressive open-concept layouts that accommodate well-sized gathering areas for entertaining. Recessed lighting accentuates the gleaming wood flooring, plus every kitchen highlights stainless steel appliances and newly installed cabinetry. Each unit comes with centralized A/C and heat, as well as recently purchased in-unit washers/dryers. Explore additional features, including updated plumbing and electrical, tankless water heaters, newly upgraded electrical panels with individual meters, plus security motion-activated lighting. Multiple parking spaces are yours with two detached garages, and there are two separate driveways with automated access. Turn your real estate vision into reality and give us a call today!
Exterior Features

Covered Parking 2 Lot Size Area 7417 Other Structures None Parking Garage DetachedDriveway Style Spanish Total Parking 6

Interior Features

Baths Total 7.00 Cooling Central Equipment DryerDishwasherElectric Dryer HookupMicrowaveRange/OvenRefrigeratorWasher Fireplace Rooms None Flooring Hardwood Heating Central

Property Features

Assessed Total Value 1626679 Electric Expense 2193.00 Garage Income 1800.00 Gross Income 104100 Gross Operating Income 104100 Insurance Expense 3366.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 0 Maintenance Expense 1416.00 Net Operating Income 77001.00 Number Of Buildings 3 Number Of Units 3 Sale Type Standard Sewer On Site Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityTrash CollectionWaterGas Total Annual Expense 27099 Type Of Units Residental Year Built Source Vendor Enhanced Zoning Lard2

Listing provided courtesy of Jelena Pesovic DRE# of Keller Williams Realty Encino-Sherman Oa.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-18T23:42:30.82. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211