$1,285,000 Price Analysis   ♡   Los Angeles, CA 90007 9 bed 6 bath 4,052 SqFt ($317/SqFt) 6,851SqFt lot. Built 1895 Listed 2024-03-25, Taxes $6,673 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present 2104 Park Grove in the USC Patrol Zone
In a tremendous pocket north of campus. 2104 Park Grove Ave is a 6 unit value add opportunity, with a potential ADU development and a robust student demographic offering a unique value-added opportunity. 1 two bedroom unit will be delivered vacant at the close of escrow. With student housing in the surrounding neighborhood, the subject property offers an investor the ability to capitalize on the student renter demographic creating significant upside potentil.
The property is north of the USC Campus and the USC Village, which includes a variety of shops, dining, an amenities, such as Starbucks, Trad er Joes, Sunlife Organics, Corepower Yoga, Target and many more offerings making the area amenity rich for tenants. Call Listing agents for an Offering Memorandum.
Presented by Peter James at
Lyon Stahl Investment Re, Inc.
Property MLS #24-372657 from TheMLSCLAW
Full Bathrooms: 6
Oven-Gas
Gas/Electric Range
Heating Features: Wall
Patio Features: Porch, Porch - Front
Lot Size Acres: 0.1572773
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6851
Parking Total: 3
Security Features: Gated, Smoke Detector, Carbon Monoxide Detector(s)
Tenant Pays: Gas, Electric
Vacancy Allowance: 3454
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1750, 2 BedsTotal: 3, 2 BathsTotal: 1, 2 SquareFeet: 5300, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3200, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 2350, 5 BathsTotal: 1, 5 SquareFeet: 1450
County: Los Angeles
Cross Street: Park Grove and 23rd
Cap Rate: 5.67
Directions: On Park Grove, north of 23rd and East of Hoover
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5124-031-002
Postal Code Plus 4: 2000
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $157,949 + $362,541 $520,490 | $6,673 |
| 2021 | $154,852 + $355,433 $510,285 | $6,569 |
| 2020 | $153,265 + $351,789 $505,054 | $6,629 |
| 2019 | $150,260 + $344,892 $495,152 | $6,383 |
| 2018 | $147,314 + $338,130 $485,444 | $6,270 |
| 2017 | $144,426 + $331,500 $475,926 | $6,142 |
| 2016 | $162,338 + $324,677 $487,015 | $6,208 |
| 2015 | $159,900 + $319,801 $479,701 | $6,122 |
| 2014 | $156,768 + $313,537 $470,305 | $6,168 |
| 2013 | $156,060 + $312,120 $468,180 | $6,162 |
| 2012 | $153,000 + $306,000 $459,000 | $6,244 |
| 2010 | $150,000 + $300,000 $450,000 | $10,545 |
| 2009 | $159,181 + $636,724 $795,905 | $10,159 |
| 2009 | $158,803 + $635,214 $794,017 | $10,159 |
| 2008 | $156,060 + $624,240 $780,300 | $9,730 |
| 2007 | $153,000 + $612,000 $765,000 | $9,405 |
$1,285,000
TheMLSCLAW
Listed 2024-03-25
$1,350,000
TheMLSCLAW
Sold 2006-04-21
$750,000
Public Record
Sold 2003-06-09
$475,000
Public Record
Listing removed 2003-01-02
$475,000
ITECH
Listing removed 2003-01-02
$475,000
ITECH
Listed 2002-10-16
$475,000
ITECH
Listed 2002-10-16
$475,000
ITECH
Sold 2002-06-11
$420,000
Public Record
Sold 2000-11-01
$205,000
Public Record
Listing removed 2000-03-21
$194,000
ITECH
Listed 2000-03-09
$194,000
ITECH
Sold 1996-12-24
$230,000
Public Record
Sold 1996-12-11
$83,500
Public Record
Year Built: 1895
Common Walls: Attached
Direction Faces: West
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 129
Roof: Composition, Shingle
Levels or Stories: 2
Building Total Stories: 2
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.