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Overview

  • Updated On:
  • 06/12/2026
  • 324395
  • Property ID
  • 5,645 ft2
  • Property Lot Size
  • 7
  • Bedrooms
  • 5
  • Bathrooms
  • 5,075 ft2
  • Property Size
  • 1924
  • Year Built:
  1. Home
  6. Multi Family Home for Sale in Los Angeles, CA 90016 – 7 Bedrooms, 5 Baths – $1395000
For Sale
Multi-family

Multi Family Home for Sale in Los Angeles, CA 90016 – 7 Bedrooms, 5 Baths – $1395000

$ 1,395,000
2116 S Palm Grove Ave, Los Angeles
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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. 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!

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Address: 2116 S Palm Grove Ave
City:
State/County:
Zip: 90016
Country: United States
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Property Id: 324395
Price: $ 1,395,000
Property Size: 5,075 ft2
Property Lot Size: 5,645 ft2
Bedrooms: 7
Bathrooms: 5
Year Built: 1924

Energy Class: A+
Energy class A+
A+
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AvailMax Intelligence

Neighborhood & Market Insights

List price $1,395,000 Current property price
Price per sq ft $275 5,075 sq ft listed
Area median $1,105,000 32 comparables
Internal estimate $1,945,496 - $2,193,857 Based on area price per sq ft
School district 1 school Provider ready
Walkability & Transit Ready for data
Walk Score Connect location Uses the existing Walk Score setup
Transit Score Pending Shown when Walk Score returns transit coverage
Location signal Los Angeles 2116 S Palm Grove Ave, 90016, Los Angeles, California
Open Walk Score
Neighborhood Market Strong sample
Median list price $1,105,000
Median price per sq ft $408
Trend lens Current active inventory
Valuation source Internal market model
This property $1,395,000
Area median $1,105,000
Estimate lens $2,069,676

This property is 26.2% above the current neighborhood median.

Price History Listing timeline
12/20/2025 Listed $1,395,000
06/12/2026 Last updated $1,395,000
Schools & District Provider ready
Schools Los Angeles Ready for school data provider mapping.

The schools block is active and ready for district, ratings, and assigned-school provider data.

Estimated Value History Trend ready
12/20/2025 Listing baseline $1,395,000
06/12/2026 AvailMax estimate range $1,945,496 - $2,193,857

48.4% modeled change across available points

Los Angeles California 90016
Data sources
Walk Score setup AvailMax active listings AvailMax market model School metadata Listing and valuation history

$ 9,546.98
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,803.23

Transport
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Important Listing Information

Property ID: 324395

Property Address: 2116 S Palm Grove Ave, Los Angeles, California, 90016

Property details, pricing, availability, photos, dimensions, neighborhood information, and energy-related data may be provided by the property owner, listing agent, user submissions, or third-party data sources. Information may change without notice and should be independently verified before making any real estate, financial, or legal decision.

AvailableMax is a U.S.-based real estate technology platform that enables listing visibility and direct connections between users. AvailableMax does not represent buyers, sellers, landlords, or tenants in real estate transactions, and does not provide brokerage, legal, lending, or closing services unless expressly stated otherwise.

Photos, media, and listing content may be uploaded by users or supplied by third-party sources. Availability, accuracy, completeness, ownership, and usage rights of submitted materials are the responsibility of the submitting source.

Energy-related metrics and similar property attributes may be estimate-based or source-provided and may not reflect official governmental or certified assessments.

Data last updated: June 12, 2026 — 7:31 PM

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Multi Family Home for Sale in Los Angeles, CA 90016 – 7 Bedrooms, 5 Baths – $1395000

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