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$1,499,000
New Listing

2700 S Palm Grove Avenue
Los Angeles, CA 90016

For Sale|Residential Income|Active
5
Beds
0
Full Baths
0
Partial Baths
2,131
SqFt
$703
/SqFt
1924
Built
County:
Los Angeles
Listed by Andrew Watkins of Century 21 Masters [email protected]
Upcoming Open Houses
Sat, Apr 26 8 PM - 11 PM UTC
Sun, Apr 27 8 PM - 11 PM UTC
2700 S Palm Grove Avenue2700 S Palm Grove Avenue2700 S Palm Grove Avenue2700 S Palm Grove Avenue
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Monthly Payment (Est.)

$6,839
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Welcome to 2700 and 2702 Palm Grove Ave.-a stunning new construction home in the heart of red-hot West Adams. 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. 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. Gross Scheduled Income: $105,600; Expenses: $20,070; Net Operating Income: $85,530; GRM: 14.20; Cap Rate: 5.71%.

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Listing Snapshot
Price 
$1,499,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
2,131 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1194 Acres
Year Built 
1924
MLS® Number 
25529605
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
8 hours agoListing updated with changes from the MLS®
23 hours agoListing first seen on site
General Features
Acres 
0.1194
Disclosures 
FamilialRelationPrincipalIsRealEstateLicensedRentControl
Garage 
Yes
Number Of Stories 
1
Parking 
DrivewayGarageOn Street
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
2131
Stories 
One
Zoning 
LAR2
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigerator
Cooling 
Central Air
Heating 
Central
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Exterior Features
Other Structures 
Guest House
Community Features
MLS Area 
C16 - Mid Los Angeles


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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