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!
Property Details
Price:
$1,395,000
MLS #:
DW25249257
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Subtype:
Triplex
Neighborhood:
wla
Listed Date:
Oct 28, 2025
Finished Sq Ft:
5,075
Lot Size:
5,645 sqft / 0.13 acres (approx)
Year Built:
1924
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
5 Full Bathrooms
Cooling
NO
Laundry Features
NO
Exterior
Community Features
SDW
Parking Spots
3
Financial
Map
Community
- AddressS Palm Grove Ave Lot 350 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 19, 2025
1,794
Single Family Listed
73
Avg DOM
1,077
Avg $ / SqFt
$1,941,922
Avg List Price
Property Summary
- S Palm Grove Ave Lot 350 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90016. It is listed for $1,395,000 and features 7 beds, 5 baths, and has approximately 5,075 square feet of living space, and was originally constructed in 1924. The current price per square foot is $275. The average price per square foot for Single Family listings in Los Angeles is $1,077. The average listing price for Single Family in Los Angeles is $1,941,922.
Similar Listings Nearby
Courtesy of Century 21 Allstars. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.S Palm Grove Ave Lot 350
Los Angeles, CA