Description

Welcome to this incredible value in Mid City, Fantastic investment opportunity in the rapidly growing Mid City market! This well-maintained 5 units feature over 5000 square feet of unique construction, creating strong value-add potential, 2 units were recently fully renovated the property is strategically positioned in the most appealing, high growth areas from Downtown L.A. to Culver City's Tech Hub, the neighborhood is experiencing a rapid growth of multifamily development. This property offers amazing tenant convenience Located in a high-demand rental market, this property is ideal for investors seeking steady income and long-term growth

Property details

Year built

1924

Property type

Residential Income

Lot size

5,645 sqft

Location

2116 S Palm Grove Avenue • Los Angeles, CA 90016

More homes for sale and rent in Los Angeles, CA →

Listing Agent

Gustavo Islas

DRE #: 00956639

Brokerage: Century 21 Allstars

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Recent sales near 2116 S Palm Grove Avenue

2025 West Boulevard: Sold $1,178,000 · 3 bd · 2 ba · 1,769 sqft · Jul 2026 · 0.2 mi
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4901 4905 W 20th Street: Sold $1,200,000 · 8 bd · 7 ba · 4,546 sqft · Jul 2026 · 0.3 mi
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4957 W 21st: Sold $1,000,000 · 3 bd · 2 ba · 1,539 sqft · Aug 2026 · 0.3 mi
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2332 S Highland Avenue: Sold $699,000 · 3 bd · 2 ba · 1,008 sqft · Jun 2026 · 0.3 mi
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4933 W 20th Street: Sold $1,350,000 · 6 bd · 4 ba · 2,865 sqft · Aug 2026 · 0.4 mi
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4554 W 28th Street: Sold $400,000 · 4 bd · 2 ba · 1,656 sqft · Sep 2026 · 0.4 mi
2413 S Victoria: Sold $983,000 · 3 bd · 2 ba · 1,385 sqft · Sep 2026 · 0.4 mi
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Closed sales reported in 90016, nearest first, last 12 months. All recent sales in Los Angeles →

Sale history for 2116 S Palm Grove Avenue

Sold $1,200,000 in August 2023 · MLS #23279583 · Source: CRMLS
Sold $1,530,000 in August 2020 · MLS #20626504 · Source: CRMLS

CRMLS

MLS# DW26223537

Listed: 10/14/2026 10:19 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/14/2026 5:32 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Century 21 Allstars

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 2116 S Palm Grove Avenue, Los Angeles, CA