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

2104 Park Grove, Los Angeles, California 90007 home-pic-0

2104 Park Grove

Los Angeles, California 90007

ACTIVE
CONDITION: GOOD
0Beds
0Baths
4,052Sq Ft
6,851Lot Size

Property Price

LIST PRICE$1,350,000

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

Good
TeardownExcellent

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

4/10

Vermont Avenue Elementary School

Grades K-5 • 0.9 mi

5/10

John W. Mack Elementary School

Grades K-5 • 1.0 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot4,0524,098
33%
Lot Size6,8515,892
67%
Price$1.35M$1.35M
50%
Price per sq ft$333$333
50%
Built year18951921
33%
HOA$0$0
50%
Days on market95241
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

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