2104 Park Grove, Los Angeles, California 90007, Los Angeles, 90007 - bed, bath

2104 Park Grove
Los Angeles, California 90007
Property Price
SUMMARY
Analysis of 2104 Park Grove, Los Angeles, California 90007 is currently available with a list price of $1,350,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1895, the listing explicitly states that 'All units are in excellent condition and fully rented' and that the 'Front Unit' was 'recently remodeled.' While interior photos are not provided to assess kitchen and bathroom styles or specific features, the description implies that the property is move-in ready and well-maintained for its age, suitable for its purpose as student housing. The exterior images show an older building that appears to be kept up, rather than dilapidated, supporting the claim of being well-maintained. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation across all units.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Student Housing Location
Strategically located steps from USC, within the Department of Public Safety Patrol Zone, and walking distance to campus, USC Village, and Metro Line, ensuring constant high student demand.
- Strong Income-Producing Asset
A 6-unit property with all units in excellent condition and fully rented to exceptional tenants, providing immediate and strong in-place income from day one.
- Significant Value-Add Potential
Offers substantial upside with the potential to configure for up to 30 beds (double-occupancy) and includes RTI plans for two additional ADUs, allowing for increased rentable square footage and maximized returns.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1895, the property's age may lead to higher maintenance costs, potential for outdated infrastructure, or unforeseen issues despite recent remodels in some units.
- High Tenant Turnover & Management
Student housing typically involves higher tenant turnover and more intensive property management requirements compared to traditional residential rentals, especially with a high bed count.
- Classification Discrepancy
The property is listed as a 'Quadruplex' but described as having '6 units,' which may indicate a non-conforming use or a data discrepancy requiring thorough due diligence regarding zoning and legal compliance.
About 2104 Park Grove
Introducing 2104 Park Grove Ave, Los Angeles, CA 90007 This is an exceptional 6-unit private student-housing investment steps from USC. Located inside the USC Department of Public Safety Patrol Zone and Campus Cruiser/Ride Share area, this property sits in one of the strongest student rental submarkets in all of Los Angeles. The property consists of six well-maintained units: • Front Unit: 4 bedrooms, 1 bath, recently remodeled • Side Unit: 3 bedrooms, 2 baths • Second Floor Left Unit: 3 bedrooms, 1 bath • Second Floor – Right Unit: 2 bedrooms, 1 bath • Rear Structure – Downstairs: 1 bedroom, 1 bath • Rear Structure Upstairs: Single unit All units are in excellent condition and fully rented to exceptional tenants, providing strong in-place income from day one. With its layout and location, the property offers potential for up to 30 beds using double-occupancy configurations a major value-add opportunity in a high-demand student housing corridor. Walking distance to USC Campus, USC Village, Metro Line, and Exposition Park, and surrounded by constant student demand, this property is ideal for both long-term stability and future growth. Additional upside: the property comes with RTI plans for two ADUs, allowing the next owner to immediately expand the rentable square footage and maximize returns. This is a rare chance to secure a turnkey, income-producing, high-upside student housing asset in one of USC’s most coveted rental pockets.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1895
- Lot Size
- 6,851 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Norwood Street Elementary School
Grades K-5 • 0.1 mi
Vermont Avenue Elementary School
Grades K-5 • 0.9 mi
John W. Mack Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,052 | 4,098 | 33% |
| Lot Size | 6,851 | 5,892 | 67% |
| Price | $1.35M | $1.35M | 50% |
| Price per sq ft | $333 | $333 | 50% |
| Built year | 1895 | 1921 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 241 | 33% |
Pricing History
Listed for Sale
Dec 1, 2025
$1,350,000
Initial Listing
Sold
Apr 21, 2006
$750,000
Public Record
Sold
Jun 9, 2003
$475,000
Public Record
Sold
Jun 11, 2002
$420,000
Public Record








