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About This Home

This 7-bedroom, 5-bathroom multi-family at 2116 S Palm Grove Ave in Los Angeles, CA is listed for $1,395,000 ($275 per sqft). Built in 1924, the home offers 5,075 sqft of living space on a 0.13 acres lot.

Agent Description

Exceptional investment opportunity in the heart of Los Angeles! Welcome to 2116 S Palm Grove Ave, a well-maintained 5-unit multifamily property offering a perfect blend of classic charm and modern updates. Each unit is thoughtfully designed for comfortable living, featuring spacious interiors filled with natural light.

Several units have been tastefully updated with modern kitchens, stylish bathrooms, and upgraded flooring. The property includes on-site parking and a private outdoor area for tenant enjoyment. Conveniently located near shopping, dining, schools, and major freeways, this prime location offers excellent rental demand and long-term growth potential. Whether you’re an investor expanding your portfolio or looking for an income-producing property, 2116 S Palm Grove Ave is a must-see!

Key Features

  • Built in 1924
  • 0.13 acre lot
  • 2 stories
  • 3 parking spaces

Property Details

2 stories
5 full
3 spaces
1924

Amenities

View

Monthly Cost Estimate

$7,461/mo

20% down · 6.5% · 30 years

Principal$1,009
Interest$6,045
Insurance$407

Estimates only. Actual payments may vary.

Location

2116 S Palm Grove Ave

Los Angeles, CA 90016

Features & Amenities

Interior Features

2 Staircases

Exterior Features

Community Features Included: Sidewalks0-1 Unit/Acre

Property Details

Views

None

Cooling

None (Cooling)

Questions & Answers

This 7-bedroom, 5-bathroom multi-family at 2116 S Palm Grove Ave is listed at $1,395,000 ($275/sqft). The estimated monthly payment is $6,045 based on 20% down at 6.5% interest.

Key features include: Built in 1924, 0.13 acre lot, 2 stories, 3 parking spaces. Interior Features: 2 Staircases. Exterior Features: Community Features Included: Sidewalks, 0-1 Unit/Acre.

This property is listed by Gustavo Islas and can be reached at 5627565391 or gusislas@msn.com.

GI

Gustavo Islas

Agent at Century 21 Allstars

(562) 756-5391

Listed by Century 21 Allstars · View on Broker Site

MLS# DW25249257· Source: listhub· Updated 216 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2116 S Palm Grove Ave, Los Angeles, CA 90016

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