2032 South Palm Grove Avenue

Los Angeles, CA 90016

$1,295,000
Price
4
Beds
3
Baths
2,102 Sq. Ft.
$616 / Sq. Ft.
2,102
Sq. Ft.
$616
per Sq. Ft.

Description

Looking for a property that can off-set your mortgage? This just might be the one! This charming Spanish-style duplex is an ideal opportunity for both savvy investors and owner-users. Much of the heavy lifting has already been completed, but there is still potential for additional value. Professionally remodeled in the past year WITH PERMITS (!) , including an enhanced electrical panel and wiring, roof repairs, plumbing updates, exterior remodeling, and landscaping. Unit 2034, featuring 2 beds and...Looking for a property that can off-set your mortgage? This just might be the one! This charming Spanish-style duplex is an ideal opportunity for both savvy investors and owner-users. Much of the heavy lifting has already been completed, but there is still potential for additional value. Professionally remodeled in the past year WITH PERMITS (!) , including an enhanced electrical panel and wiring, roof repairs, plumbing updates, exterior remodeling, and landscaping. Unit 2034, featuring 2 beds and 1.5 baths, has undergone a complete renovation. The open concept living area is adorned with bright, oversized windows. The kitchen is a showstopper with a built-in island doubling as a dining table, newer stainless steel appliances, a tasteful herringbone backsplash, and ample storage. Both bathrooms boast sleek and modern designs, and the back bedroom provides access to the backyard through a sliding glass door. With newer HVAC, water heater, windows, and more, this unit is turn-key. Unit 2032, slightly larger with 2 beds and 1 bath, retains its charming Spanish character. Beautiful archways, a Batchelder-style fireplace, and original hardwood floors beneath the carpet await restoration. The backyard is perfect for relaxation and entertaining, featuring decomposed granite for low-maintenance landscaping. Two one-car garages have been drywalled and finished, offering versatile use as office space or storage. ADU potential presents an additional option, suitable for an owner-occupant or as a rental opportunity. Situated in a great mid-city location near Jurassic Magic, Johnny's Pastrami, Highly Likely, and just down the street from Palm Grove Social for your morning coffee. Palm Grove is a dream for owner-users, tenants and landlords alike! Property qualifies for a reduced interest rate for owner occupants with the Community Lending Program.
  1. Listed by Brita Kleingartner • DRE #01977100 • Brokerage DRE #01449897 • TRG Realty Company, Inc.

Property Details for 2032 South Palm Grove Avenue

Zoning
LARD2
Style
Spanish
Parcel Number
5061015027
Total Units
2.0
Living Area
2102
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0

Location

Listing Courtesy of TRG Realty Company, Inc., Brita Kleingartner, DRE #01977100
Add your commute
LISTING UPDATED: 03/19/2024 04:14 PM

Property Details for 2032 South Palm Grove Avenue

StatusActive
MLS #24-351127
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.13 AC / 5,801 SF
CountyLos Angeles County

Location

Listing Courtesy of TRG Realty Company, Inc., Brita Kleingartner, DRE #01977100
Add your commute

Building Information for 2032 South Palm Grove Avenue

Stories-Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,801 SF

Payment Calculator

$7,963 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,067

Property Taxes

$896

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2032 South Palm Grove Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
  • Security Features: Gated
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Tankless, Gas
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Owner Pays: Gardener
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1332
  • Lot Size Square Feet: 5801
  • Lot Features: Back Yard, Front Yard
  • Lot Description: Back Yard, Fenced Yard, Front Yard
Parking Details
Parking Details
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Driveway, Garage - Two Door
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Breakfast Area, Dining Room, Dining Area, Living Room
  • Levels: One
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Type: Central, Wall/Window
  • Heating: Central
  • Heating Type: Central, Wall Gas
  • Flooring: Laminate, Wood Under Carpet
  • Equipment: Hood Fan, Refrigerator, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Washer, Range/Oven
  • Interior Features: Built-Ins, Open Floor Plan
  • Room Kitchen Features: Kitchen Open to Family Room, Remodeled Kitchen, Kitchen Island
  • Kitchen Features: Open to Family Room, Remodeled, Island
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled, Powder Room
  • Cooking Appliances: Gas, Range
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Door Features: Sliding Doors
  • Windows: Double Pane Windows
  • New Construction: No
  • Other Structural Features: Sliding Glass Doors
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-01-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $882.00
  • Unit Actual Rent: $882.00
  • Unit Projected Rent: $3,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,895.00
  • Unit Actual Rent: $3,895.00
  • Unit Projected Rent: $3,895.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Carpet: 1
  • Number of Dishwasher: 1
  • Number of Disposal: 1
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
  • Number Leased: 2
  • Number Patio: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Number Wall AC: 1
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $250,920.00
  • Assessed Improvement Percent: 29.08
  • Assessed Land Value: $612,000.00
  • Assessed Land Percent: 70.92
  • Assessed Total Value: $862,920.00

Property History for 2032 South Palm Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2032 South Palm Grove Avenue

Taxable ValueLand$612,000Additions$250,920Total$862,920
Tax Record2023$10,751 ($896 / month)
Home Facts
Total Finished SqFt2,102 SqFtAbove Grade Finished SqFt2,102 SqFtLot Size5,799 SqFtStyleDuplexYear Built1923ZoningLARD2CountyLOS ANGELESAPN5061-015-027

Schools near 2032 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 - 6 to 8
Rating
School
Distance
Alta Loma Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Los Angeles Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

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.

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2032 South Palm Grove Avenue is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on February 1, 2024 by TRG Realty Company, Inc., it's currently listed at $1,295,000. It has been on the market for a total of 87 days and was last sold on February 18, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Alta Loma Elementary School, Johnnie Cochran, Jr., Middle School and Los Angeles Senior High School. 2032 South Palm Grove Avenue is a 4-bed, 3-bath, 2,102 sqft multi-family home built in 1923.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of TRG Realty Company, Inc., Brita Kleingartner, DRE #01977100

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.