2700 S Palm Grove Avenue Los Angeles, CA 90016
Listing Courtesy of: CRMLS / Century 21 Masters / Andrew "Andrew Watkins" Watkins

  2700 S Palm Grove Avenue Los Angeles, CA 90016

Active (28 Days)
$1,395,000
5
BED
4
BATH
2,131
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sun, May 25
    1:00 pm - 4:00 pm

Description

PRICE IMPROVEMENT! New construction in the heart of West Adams, one of the city's most vibrant neighborhoods. This stunning property offers a 4-bedroom, 3-bathroom main house in front, and a legal 1-bedroom, 1-bathroom ADU in rear, thoughtfully designed for modern living. The main house boasts a spacious open floor plan filled with natural light, highlighted by recessed lighting throughout, a gourmet kitchen with sleek countertops, modern cabinetry, and state-of-the-art appliances. Every system in the home is new, including wiring, outlets, switches, an electrical panel with sub-panels, brand-new HVAC system, new roof, tankless water heaters, roof, foundation, and more. The ADU offers a modern, versatile living space perfect for rental income, a guest house, or a private office, with its own modern amenities and efficient design with concrete floors. One-car garage can be used as flex space, another office, or storage. Located just minutes from the Expo Line, Crenshaw Line, and major freeways, this home offers easy access to Playa Vista, Santa Monica, Beverly Hills, and DTLA. Nearby dining hotspots such as Tartine, Mizlala, Alta, and Delicious Pizza make West Adams a food lover's paradise. Convenient location, impeccable design, and move-in ready. 2700 and 2702 Palm Grove is a rare opportunity to own a completely new home in one of Los Angeles' hottest neighborhoods. Gross Scheduled Income: $105,600; Expenses: $18,833; Net Operating Income: $86.767; GRM: 13.21; Cap Rate: 6.22%.

MLS #:
25529605
Lot Size
5,200 SQFT
Type
Multifamily
Year Built
1924
County
Los Angeles County

Listed By

Andrew "Andrew Watkins" Watkins, DRE #01478668 CA, Century 21 Masters
Source
CRMLS
Last checked May 21 2025 at 5:44 PM GMT+0000
Bathroom Details
Interior Features
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
Heating and Cooling
  • Central
  • Central Air
Parking
  • Driveway
  • Garage
  • On Street
Stories
  • 1
Living Area
  • 2,131 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 15, 2025
Price Changed
$1,395,000
-5%
-70,000
May 03, 2025
Price Changed
$1,465,000
-2%
-34,000
Apr 23, 2025
Original Price
$1,499,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Masters and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.