2419 South Palm Grove Avenue

Los Angeles, CA 90016

$1,025,000
Price
2
Beds
2
Baths
1,800 Sq. Ft.
$569 / Sq. Ft.
1,800
Sq. Ft.
$569
per Sq. Ft.

Description

Incredible opportunity to own an income property. Both units are two bedrooms and one bathroom with a washer and dryer in the kitchen each unit, ample driveway parking, and two car carport. The property is being sold in as-is- condition, one unit will be delivered vacant at COE. Unit 2421 AC central and ceiling fan in bedroomsIncredible opportunity to own an income property. Both units are two bedrooms and one bathroom with a washer and dryer in the kitchen each unit, ample driveway parking, and two car carport. The property is being sold in as-is- condition, one unit will be delivered vacant at COE. Unit 2421 AC central and ceiling fan in bedrooms
  1. Listed by Jesus T. Salvador • DRE #01817262 • Brokerage DRE #01008712 • R & R Realty

Property Details for 2419 South Palm Grove Avenue

Water Front
None
Zoning
LARD1.5
Style
Spanish
Parcel Number
5057002018
Total Units
2.0
Living Area
1800
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)

Location

Listing Courtesy of R & R Realty, Jesus T. Salvador, DRE #01817262
Add your commute
LISTING UPDATED: 04/17/2024 12:00 AM

Property Details for 2419 South Palm Grove Avenue

StatusActive
MLS #23-255351
Days on Market364
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.13 AC / 5,500 SF
CountyLos Angeles County

Location

Listing Courtesy of R & R Realty, Jesus T. Salvador, DRE #01817262
Add your commute

Building Information for 2419 South Palm Grove Avenue

Stories-Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,500 SF

Payment Calculator

$5,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,594

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2419 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: attached
  • View: Yes
  • View Description: Other
  • Security Features: None
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: Meter on Property
  • Sewer: In Street
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: Cash To New Loan, FHA, Conventional
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $31,400
  • Net Operating Income: $1,000.00
  • Gross Income: $32,400
  • Gross Rent Multiplier: $32,400.00
  • Vacancy Allow Percent: .00%
  • Total Annual Expense: 1000.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1263
  • Lot Size Square Feet: 5500
Parking Details
Parking Details
  • Parking Garage: Carport, Driveway, Assigned
  • Total Parking: 4
  • Parking Features: Carport, Driveway, Assigned
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
Exterior Features
Exterior Features
  • Roof: Composition, Flat, Shingle
  • Windows: Screens
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-29-2023
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,300.00
  • Unit Actual Rent: $1,300.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $76,624.00
  • Assessed Improvement Percent: 23.95
  • Assessed Land Value: $243,267.00
  • Assessed Land Percent: 76.05
  • Assessed Total Value: $319,891.00

Property History for 2419 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 2419 South Palm Grove Avenue

Taxable ValueLand$248,132Additions$78,156Total$326,288
Tax Record2023$4,264 ($355 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtLot Size5,500 SqFtStyleDuplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN5057-002-018

Schools near 2419 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
Public - 9 to 12
Rating
School
Distance
Virginia Road Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

View Park Continuation School
Public9 to 12

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

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2419 South Palm Grove Avenue is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on March 29, 2023 by R & R Realty, it's currently listed at $1,025,000. It has been on the market for a total of 364 days and was last sold on July 21, 2009. This listing's school district is Los Angeles Unified School District. Nearby schools include Virginia Road Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 2419 South Palm Grove Avenue is a 2-bed, 2-bath, 1,800 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 R & R Realty, Jesus T. Salvador, DRE #01817262

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.