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2032 S Palm Grove Avenue

Los Angeles (City), CA 90016
  • $1,295,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 24351127
UPDATED: 81 min ago
$1,295,000
  • 4
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,102
    SQFT
  • $616
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Brita Kleingartner of TRG Realty Company, Inc. (323-275-9273)


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 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-02T16:31:21.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147173612
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2032 S Palm Grove Avenue Los Angeles (City), CA 90016

  • Price: $1,295,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 81 min ago
  • ID#: 24351127
4
Beds
0
Baths
0
½ Baths
0.13
Acres
2,102
SQFT
$616
$/SQFT
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property 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 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.
Exterior Features

Architectural Style Spanish Lot Features Back YardFront Yard Number Of Separate Electric Meters 2 Parking Features Door-MultiDrivewayGarage Parking Total 2

Interior Features

Appliances DishwasherDisposalRangeRefrigeratorDryerWasher Cooling Central AirWall/Window Unit(s) Cooling YN Yes Door Features Sliding Doors Fireplace Features Living Room Fireplace YN Yes Flooring Laminate Heating Central Heating YN Yes Interior Features Open Floorplan Window Features Double Pane Windows

Property Features

Association YN No Community Features Gated Disclosures Rent Control Exclusions Any appliances belonging to tenant in unit 2032. Any personal property of tenants. Garage YN Yes Gross Income 0 Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Units Leased 2 Rent Control YN Yes Security Features Gated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-02T16:31:21.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372359835-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372359835-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372359835-2.jpg
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Brita Kleingartner of TRG Realty Company, Inc. (323-275-9273)