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2804 S Palm Grove Ave
Los Angeles, CA 90016
NEW CONST. TRIPLEX (DUPLEX + ADU) · Multifamily Property For Sale
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3 Units
Investment Highlights
- Perfect for an owner occupier! Live in a luxury home (or ADU) and have your tenants pay your mortgage!
- Unheard of 5.72% pro forma cap rate!
- Can be sold with or without the ADU. If you’d prefer 2 MASSIVE freestanding houses on a lot, builder will deliver if desired!
- The average price per square foot of nearby new construction duplexes and triplexes is $663.49. This is priced to sell at $457.12!
- All units separately metered for gas, electric AND water! Microscopic expenses!
- Minutes to the Culver City Arts District and heart of Culver City!
Property Facts
| No. Units | 3 | Lot Size | 0.12 AC |
| Property Type | Multifamily | Building Size | 4,373 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2022 |
| Building Class | B | Parking Ratio | 0.69/1,000 SF |
| Zoning | LARD2 - Multiple Dwelling | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 4,373 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | LARD2 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 1 | $5,400 | 1,883 |
| 4+3 | 1 | $4,750 | 1,894 |
| 1+1 | 1 | $2,250 | 596 |
Property Taxes
| Parcel Number | 5057-016-002 | Improvements Assessment | $935,319 |
| Land Assessment | $1,144,440 | Total Assessment | $2,079,759 |
Property Taxes
Parcel Number
5057-016-002
Land Assessment
$1,144,440
Improvements Assessment
$935,319
Total Assessment
$2,079,759
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