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2804 South Palm Grove Avenue

2804 South Palm Grove Avenue, Los Angeles, CA 90016
Property in West Adams
2 Units For Sale
Unit for sale at 2804 S Palm Grove Avenue, Los Angeles, CA 90016

$2,095,000

  • 9 Beds
  • 7.5 Baths
  • 4,373 ft²
2804 S Palm Grove Avenue, Los Angeles, CA 90016 Listing by Elizabeth Maddox

Unit for sale at 2804 S Palm Grove Avenue, Los Angeles, CA 90016

$2,095,000 ↓ $50K

  • Studio
  • 4,373 ft²
2804 S Palm Grove Avenue, Los Angeles, CA 90016 Listing by Elizabeth Maddox

2804 South Palm Grove Avenue in Los Angeles, CA was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 2804 South Palm Grove Avenue has 3,818 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 5,204 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 24, 2023 for $1,999,000. That's $523.57 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2019 for $650,000. 2804 South Palm Grove Avenue was last assessed in 2023. The total value of the property was assessed at $1,359,525. Specifically, the land the property is located on was valued at $683,265. While improvements on the property were assessed at a total of $676,260. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,958. The initial tax year of delinquency was in 2019. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

Building Features

Condition

New Construction

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 9
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,204
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,818
  • Building Area: 3,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 3,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1601
  • Land Acres: 0.12
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 1601 LOT/SEC 523

Ownership

  • Current Owner : NALLAPANENI KALYANI
  • Current Owner 2: INDLAMURI ANILKUMAR
  • Previous Owner : OBSIDIAN DEVELOPMENT LLC
  • Owner Before Previous Owner: COLE NORA FREEMAN
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219700

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-B5
  • Subdivision Tract Number: 1601
  • Parcel: 5057-016-002
  • Lot: 523
  • Municipality: WEST /ADAMS/CRENSHAW
  • Latitude: 34.0296
  • Longitude: -118.347

    Address

  • Full Address: 2804 S Palm Grove Ave
  • Address - House Number: 2804
  • Street Direction: S
  • Address - Street Name: Palm Grove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C023
  • 4-Digit Zip Code: 2922
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,958
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 2,034,205
  • High Value: 2,172,026
  • Low Value: 1,896,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,199,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 01, 2023
  • First Open Lien Mortgage Loan Amount: $1,199,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,359,525
  • Assessed Land Value: $683,265
  • Assessed Improvements Value: $676,260

    Sales

  • Current Sale Contract Date: Feb 24, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Transaction ID: 11905829771
  • Current Sale Price: $1,999,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 280007
  • Previous Sale Recording Date: Sep 27, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: May 01, 2023
  • First Mortgage Loan Amount: $1,199,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR IRA FUND LLC
  • Previous Mortgage Transaction Date: Sep 27, 2019
  • Previous Mortgage Loan Amount: $520,000

About South LA



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Frequently Asked Questions

What neighborhood is 2804 South Palm Grove Avenue located in?
The 2804 South Palm Grove Avenue is a located in the neighborhood of West Adams in South LA, Los Angeles.
How many listings are currently for sale in 2804 South Palm Grove Avenue?
There are two listings currently on the market for sale.
What is the average sales price for listings in 2804 South Palm Grove Avenue?
The average sales price for units in 2804 South Palm Grove Avenue is $2,095,000 , or $479/sqft. currently.

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