Andy Watkins, JD

310-383-6239  |  #01478668

2700 S Palm Grove Ave
Los Angeles, CA

$1,395,000
  • 5 BEDS
  • 4 BATHS
  • 1 CAR
    GARAGE
  • 2,131 SQ FT

Property Details

PRICE IMPROVEMENT! New construction in the heart of West Adams, one of the city's most vibrant neighborhoods. This stunning property offers a 4-bedroom, 3-bathroom main house in front, and a legal 1-bedroom, 1-bathroom ADU in rear, thoughtfully designed for modern living. The main house boasts a spacious open floor plan filled with natural light, highlighted by recessed lighting throughout, a gourmet kitchen with sleek countertops, modern cabinetry, and state-of-the-art appliances. Every system in the home is new, including wiring, outlets, switches, an electrical panel with sub-panels, brand-new HVAC system, new roof, tankless water heaters, roof, foundation, and more. The ADU offers a modern, versatile living space perfect for rental income, a guest house, or a private office, with its own modern amenities and efficient design with concrete floors. One-car garage can be used as flex space, another office, or storage. Located just minutes from the Expo Line, Crenshaw Line, and major freeways, this home offers easy access to Playa Vista, Santa Monica, Beverly Hills, and DTLA. Nearby dining hotspots such as Tartine, Mizlala, Alta, and Delicious Pizza make West Adams a food lover's paradise. Convenient location, impeccable design, and move-in ready. 2700 and 2702 Palm Grove is a rare opportunity to own a completely new home in one of Los Angeles' hottest neighborhoods. Gross Scheduled Income: $105,600; Expenses: $18,833; Net Operating Income: $86.767; GRM: 13.21; Cap Rate: 6.22%.

Andy Watkins, JD

#01478668
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