2116 S Palm Grove Ave

$1,395,000
Price
7
Beds
5,075 Sq. Ft.
$275 / Sq. Ft.
5,075
Sq. Ft.
$275
per Sq. Ft.

Description

Exceptional investment opportunity in the heart of Los Angeles! Welcome to 2116 S Palm Grove Ave, a well-maintained 5-unit multifamily property offering a perfect blend of classic charm and modern updates. Each unit is thoughtfully designed for comfortable living, featuring spacious interiors filled with natural light. The property includes on-site parking and a private outdoor area for tenant enjoyment. Conveniently located near shopping, dining, schools, and major freeways, this prime location...Exceptional investment opportunity in the heart of Los Angeles! Welcome to 2116 S Palm Grove Ave, a well-maintained 5-unit multifamily property offering a perfect blend of classic charm and modern updates. Each unit is thoughtfully designed for comfortable living, featuring spacious interiors filled with natural light. The property includes on-site parking and a private outdoor area for tenant enjoyment. Conveniently located near shopping, dining, schools, and major freeways, this prime location offers excellent rental demand and long-term growth potential. Whether you’re an investor expanding your portfolio or looking for an income-producing property, 2116 S Palm Grove Ave is a must-see!
  1. Listed by Gustavo Islas • DRE #00956639 • Brokerage DRE #01280965 • Century 21 Allstars • 562-756-5391

Property Details for 2116 South Palm Grove Avenue

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
None
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5075
LISTING UPDATED: 11/05/2025 06:33 AM

Property Details for 2116 South Palm Grove Avenue

StatusActive
MLS #DW25249257
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential
Year Built1924
Lot Size0.13 AC / 5,645 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Allstars, Gustavo Islas, DRE #00956639
Add your commute

Building Information for 2116 South Palm Grove Avenue

Stories2Residences-Year Built1924Building Size-Lot Size0.13 AC / 5,645 SF

Payment Calculator

$8,331 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,893

Property Taxes

$1,438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2116 South Palm Grove Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $94,560
  • Gross Scheduled Income: $94,560
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 4416
  • CFD/Mello-Roos Fee: $683
  • Tax Lot: 350
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Equipment: N/K
  • Interior Features: 2 Staircases
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: None
  • Heating Type: None
  • Heating: None
Exterior Features
  • Entry Location: 1
  • Structure Type: Triplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 5
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $671
  • Unit Type Total Rent: $671
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,180
  • Unit Type Total Rent: $2,180
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,188
  • Unit Type Total Rent: $2,188
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $991
  • Unit Type Total Rent: $991
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 2116 South Palm Grove Avenue

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Hold

SDMLS #23-279583

—
Oct 28, 2025

Listed (Active)

CLAW #DW25249249MR

$1,395,000—
Oct 28, 2025

Listed (Active)

CRMLS #DW25249249

$1,395,000—
Oct 28, 2025

Listed (Active)

CRMLS #DW25249257

$1,395,000—
Oct 28, 2025

Listed (Active)

SDMLS #DW25249257

$1,395,000—
Oct 28, 2025

Listed (Active)

CLAW #DW25249257MR

$1,395,000—
Aug 31, 2023

Sold

CLAW #23-279583

$1,200,000—
Aug 31, 2023

Sold

CRMLS #23279583

$1,200,000—
Aug 11, 2023

Sold (Public Record)

Public Record #1517476665

$1,200,000

-7.4% / yr

Jul 28, 2023

Pending

CRMLS #23279583

—
Jul 28, 2023

Pending

SDMLS #23-279583

—
Jul 28, 2023

Pending

CLAW #23-279583

—
Jun 6, 2023

Listed (Active)

SDMLS #23-279583

$1,250,000—
Jun 6, 2023

Listed (Active)

CRMLS #23279583

$1,250,000—
Jun 6, 2023

Listed (Active)

CLAW #23-279583

$1,250,000—
Aug 31, 2020

Sold

CLAW #20-626504

$1,530,000—
Aug 31, 2020

Sold

CRMLS #20626504

$1,530,000—
Jun 8, 2020

Sold (Public Record)

Public Record #676279512

$1,530,000—
Jun 4, 2020

Pending

CRMLS #20626504

—
Jun 4, 2020

Pending

CLAW #20-626504

—
Feb 8, 2020

Listed (Active)

CRMLS #20626504

$1,400,000—
Feb 8, 2020

Listed (Active)

CLAW #20-626504

$1,400,000—
Jan 1, 2020

Expired

CRMLS #18375376

$1,400,000—
Dec 31, 2019

Expired

CLAW #18-375376

$1,400,000—
Sep 9, 2019

Withdrawn / Cancelled

CRMLS #18375376

—
Sep 10, 2018

Price Change

CRMLS #18375376

$1,400,000—
Aug 15, 2018

Listed (Active)

CRMLS #18375376

$1,600,000—
Aug 15, 2018

Listed (Active)

CLAW #18-375376

$1,600,000—
Feb 17, 2016

Withdrawn / Cancelled

CRMLS #15951783

$825,000—
Feb 17, 2016

Withdrawn / Cancelled

CLAW #15-951783

—
Nov 3, 2015

Pending

CRMLS #15951783

—
Nov 3, 2015

Withdrawn / Cancelled

SDMLS #15951783

—
Oct 23, 2015

Listed (Active)

CRMLS #15951783

$825,000—
Oct 23, 2015

Listed (Active)

SDMLS #15951783

$825,000—
Oct 23, 2015

Listed (Active)

CLAW #15-951783

$825,000—
DateEvent & SourcePrice
11/17/2025

Hold

SDMLS #23-279583

—
10/28/2025

Listed (Active)

CLAW #DW25249249MR

$1,395,000
10/28/2025

Listed (Active)

CRMLS #DW25249249

$1,395,000
10/28/2025

Listed (Active)

CRMLS #DW25249257

$1,395,000
10/28/2025

Listed (Active)

SDMLS #DW25249257

$1,395,000
10/28/2025

Listed (Active)

CLAW #DW25249257MR

$1,395,000
08/31/2023

Sold

CLAW #23-279583

$1,200,000
08/31/2023

Sold

CRMLS #23279583

$1,200,000
08/11/2023

Sold (Public Record)

Public Record #1517476665

$1,200,000

-7.4% / yr

07/28/2023

Pending

CRMLS #23279583

—
07/28/2023

Pending

SDMLS #23-279583

—
07/28/2023

Pending

CLAW #23-279583

—
06/06/2023

Listed (Active)

SDMLS #23-279583

$1,250,000
06/06/2023

Listed (Active)

CRMLS #23279583

$1,250,000
06/06/2023

Listed (Active)

CLAW #23-279583

$1,250,000
08/31/2020

Sold

CLAW #20-626504

$1,530,000
08/31/2020

Sold

CRMLS #20626504

$1,530,000
06/08/2020

Sold (Public Record)

Public Record #676279512

$1,530,000
06/04/2020

Pending

CRMLS #20626504

—
06/04/2020

Pending

CLAW #20-626504

—
02/08/2020

Listed (Active)

CRMLS #20626504

$1,400,000
02/08/2020

Listed (Active)

CLAW #20-626504

$1,400,000
01/01/2020

Expired

CRMLS #18375376

$1,400,000
12/31/2019

Expired

CLAW #18-375376

$1,400,000
09/09/2019

Withdrawn / Cancelled

CRMLS #18375376

—
09/10/2018

Price Change

CRMLS #18375376

$1,400,000
08/15/2018

Listed (Active)

CRMLS #18375376

$1,600,000
08/15/2018

Listed (Active)

CLAW #18-375376

$1,600,000
02/17/2016

Withdrawn / Cancelled

CRMLS #15951783

$825,000
02/17/2016

Withdrawn / Cancelled

CLAW #15-951783

—
11/03/2015

Pending

CRMLS #15951783

—
11/03/2015

Withdrawn / Cancelled

SDMLS #15951783

—
10/23/2015

Listed (Active)

CRMLS #15951783

$825,000
10/23/2015

Listed (Active)

SDMLS #15951783

$825,000
10/23/2015

Listed (Active)

CLAW #15-951783

$825,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2116 South Palm Grove Avenue

Taxable ValueLand$1,160,000Additions$202,000Total$1,362,000
Tax Record2025$17,256 ($1,438 / month)
Home Facts
Total Finished SqFt5,075 SqFtAbove Grade Finished SqFt5,075 SqFtLot Size5,674 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLARD2CountyLOS ANGELESAPN5061-024-001

Schools near 2116 South Palm Grove Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

Stella Elementary Charter Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2116 South Palm Grove Avenue is a mixed use property for sale in Los Angeles, CA 90016. This property was listed for sale on October 28, 2025 by Century 21 Allstars, it's currently listed at $1,395,000. It has been on the market for a total of 45 days and was last sold on August 31, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 2116 South Palm Grove Avenue is a 7-bed, 5-bath, 5,075 sqft mixed use property built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Allstars, Gustavo Islas, DRE #00956639

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.