Condominium buy in Baldwin Hills California

2804 S Palm Grove Ave is a brand new construction luxury triplex (2+ ADU) made up of one massive 2-story 4 bed, 3.5 bath home, one 2-story 4 bed, 3 bath unit, and one sleek 1 bed, 1 bath ADU with a yard. We project a whopping 5.24% cap rate once fully rented. Whether you are looking to rent all three units out or to live in one of the homes (or ADU) and have the the other units cover your mortgage, this property is the one to jump on! This upscale property boasts NO RENT CONTROL, separate meters for all utilities, well-designed open floorplans, one 2-car garage (+1 unpermitted bonus space), high quality finishes, closets with built in shelving, laundry hookups in each unit, high-end modern kitchens, and large, stunning bathrooms. It will be delivered with a 1-year builder's warranty In addition, 2804 S Palm Grove is located in one of the hottest rental markets in all of Los Angeles: West Adams. Situated minutes from several of the most ground-breaking mixed-use developments: Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus development (Whole Foods). With the huge supply of entertainment, tech and creative jobs nearby, 2804 S Palm Grove will attract high quality professional tenants! MLS® ID: BB22179742 Listed: 9/1/22 Updated: 10/17/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Washer Hookup, Gas Dryer Hookup Floor Description: Vinyl Fireplace: None Cooling: Central Air Heating: Central Exterior/Building Features Lot Size: 5,204 ft2 lot Lot Details: Drip Irrigation/Bubblers, Level, Street Level, Yard Sewer: Public Sewer Other Property Details Area Name: C16 - Mid Los Angeles Taxes: $25267 Tax Frequency: per YEAR HOA Amenities: Curbs, Street Lights, Sidewalks Garage: Yes Garage Spaces: 2 Parking: Y Parking Total: 3.0 View: Y County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 3 Zoning: LAR2 Property History Date Event Price Value 10/12/22 Price Change $2,145,000 0% 10/4/22 Active - - 9/9/22 Pending - - Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. 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.