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Millman Team Real Estate

$1,225,000
0.12 Acre Lot

2911 S Palm Grove Avenue, Los Angeles, California 90016

  • Residential Income Property Type
  • 1930 Year Built
Property Description

Ideal Owner User Opportunity! 2911 S Palm Grove Ae offers a rare opportunity to purchase a triplex in a strong picket of West Adams, with 2 of 3 units unoccupied. The property features a great mix of units, consisting of (1) Vacant 3 bed/1 Bath measuring at 1, 100 Square Feet, (1) Vacant 4 bed/3 Bath measuring at 1, 950 Square Feet, and (1) occupied 2 Bed/1 Bath measuring at just under 1, 000 Square Feet. An owner-user can take advantage of the one of the units by occupying one unit while generating rental income from the remaining units, making the property an attractive opportunity for both investors and owner-occupants. Once fully rented, the property is expected to operate at a 6.06% cap Rate, collecting $8, 884 in total scheduled rent, based on market rents. Additionally, the property may offer the potential to construct ADUs (Buyer to Verify), creating further long-term value-add opportunity. The property is conveniently located in West Adams, in close proximity to Culver City, USC, Downtown Los Angeles, and major transportation corridors including the I-10 Freeway and Metro Expo Line.

Basic Details
Residential Income
For Sale
SB26115015
$1,225,000
1930
0.12 Acre
Active
Apartment
Features
: None
: Inside
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90016
Palm Grove
2911
Avenue
W119° 39' 6''
N34° 1' 41.8''
South of West Adams Blvd and North of West Jefferson Blvd
C16 - Mid Los Angeles
S
Additional Information
$0
$0
$0
$0
$0
3960
: Sidewalks, Curbs, Suburban, Urban
1
: 0-1 Unit/Acre
3
2026-05-27
1250000
2
: Public
Broker/Agent Information
Lyon Stahl Investment Real Estate, Inc.
Aaron Jacobson
Listing Information
Brandon Maghen
SBMAGHBRA
SB1310620
Lyon Stahl Investment Real Estate, Inc.
SBJACOAAR
SB1310620
Cash, Cash to New Loan, Conventional, Contract, FHA
Active
2026-08-26T01:57:32Z
CRMLS
: Standard
2026-05-27T14:35:01Z
Agent info
Ray Millman
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