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2700 S Palm Grove Avenue, 
Los Angeles, CA 90016

$1,499,000


5

Beds


4

Baths


2,131

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Andrew Watkins

Century 21 Masters

800-463-0977

Last updated:

April 26, 2025, 10:05 AM

MLS#

25529590

Source:

CRMLS

About This Home

2700 S Palm Grove Avenue

Gross Scheduled Income: $105,600; Expenses: $20,070; Net Operating Income: $85,530; GRM: 14.20; Cap Rate: 5.71%. Welcome to 2700 and 2702 Palm Grove Ave. A stunning new construction home in the heart of red-hot West Adams. The front home offers 4BD/3BA with an open, sunlit floor plan, sleek modern finishes, recessed lighting, and all-new systems including plumbing, electrical, roof, HVAC, tankless water heater, luxury appliances, and more. The detached ADU is fully permitted, features its own private entrance, mini-split HVAC, updated systems, and endless flexibility as a rental, guest house, or home office. One car garage is drywalled with electrical for home office, art studio or more. Built to the latest LADBS standards, the property includes a complete water capture and recirculation system and fire sprinklers throughout. Located minutes from the Expo and Crenshaw Lines and close to hotspots like Tartine, Mizlala, Alta, and Delicious Pizza. **SPECIAL LENDER FINANCING** make this is a rare chance to own a brand-new, move-in-ready home in one of LA's most dynamic neighborhoods. Best of all, **YOU CAN OWN THIS PROPERTY FOR AS LITTLE AS $2,925/month** thanks to rental income from the legal 1BD/1BA ADU (estimated rent: $2,950), offsetting a $5,875 monthly mortgage.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 1924

Price Summary

1,499,000

$703 per Sq. Ft.

MLS #:

25529590

Last Updated:

April 26, 2025, 10:05 AM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,131 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary

Building Area:

2,131 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

5,201


Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$703 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Kellie & Associates Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Kellie & Associates Real Estate, a broker participant of California Regional MLS (Southern California). 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. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.
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2700 S Palm Grove Avenue
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