2104 Park Grove Avenue Los Angeles, CA ^$ 1,350,000

2104 Park Grove Avenue

^$ 1,350,000

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2104 Park Grove Avenue

Los Angeles, CA, 90007

^$ 1,350,000

Bedrooms9 Baths6.0 Sq 4,052

Monthly Estimate*

^$ 9,430

Listed by Lyon Stahl Investment Real Estate, Inc.

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 1

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 2

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 3

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 4

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 5

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 6

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 7

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 8

2104 Park Grove Avenue, Los Angeles, CA 90007 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 9 bedrooms and 6 full baths. This 4,052 square foot home was built in 1895 on a lot size of 0.1573.

We are pleased to present 2104 Park Grove in the USC Patrol Zone, in a great pocket just north of campus. 2104 Park Grove Ave is a 6 unit value add opportunity, with a potential ADU development, and a robust student demographic offering a unique value-added opportunity. 1 two bedroom unit will be delivered vacant at the close of escrow. With student housing in the surrounding neighborhood, the subject property offers an investor the ability to capitalize on the student renter demographic creating significant upside potential. The property is just north of the USC Campus and the USC Village, which includes a variety of shops, dining, an amenities, such as Starbucks, Trader Joes, Sunlife Organics, Corepower Yoga, Target, and many more offerings making the area amenity rich for tenants. Call Listing agents for an Offering Memorandum.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Craftsman

Lot Size

0.1573

Year Built

1895

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24372657

Days on Market

Features

General

Sewer Other

Heating WallFurnace

Roof Composition Shingle

Appliances GasOven GasRange

Zoning LARD1.5

Garage Spaces 0.0

Patio/Porch Features FrontPorch Porch

Architectural Style Craftsman

Pool Features None

Security Features CarbonMonoxideDetectors GatedCommunity SmokeDetectors

Year Built 1895

Tenant Pays Electricity Gas

View CityLights

Stories 2

Levels Two

Gross Income 115127.0

Community Features Gated

County Los Angeles

Net Operating Income 69716.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction West

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On Park Grove north of 23rd and East of Hoover

City Los Angeles

View Y/N Y

Senior Community Y/N N

Open Parking Spaces 3.0

Total Units 6

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 6851.0

Private Pool N

Waterfront Y/N N

Carport Spaces 0.0

Carport Y/N N

Street Name Park Grove

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Cap Rate 5.33

Exterior

Parking Features Driveway Unassigned

Total Parking 3.0

Lot Size Area 6851.0

Number of Buildings 2

Spa N

Building Area Total 4052.0

Lot Size Acres 0.1573

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Laundry Features None

Total Bedrooms 9

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 2104

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 467-7581

Phone

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$1,350,000		Listed Price

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2104 Park Grove Avenue, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,350,000 with 4,052 sqft and a lot size of 0.1573. 2104 Park Grove Avenue has 9 bedrooms, 6.0 baths, and was built in 1895. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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 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, 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.

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2104 Park Grove Avenue

Multi-Family Home for sale in Los Angeles, CA

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