3020 S Palm Grove, Los Angeles, California 90016, Los Angeles, 90016 - 5 bed, 4 bath
ACTIVE$1,299,000$2,714/sqft
3020 S Palm Grove, Los Angeles, California 90016
5Beds
4Baths
2,714Sqft
5,946Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential & Versatility: This rare two-home property offers significant investment potential with two separate residences on one lot, ideal for rental income, guest accommodation, or multi-generational living.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$1.30M vs avg $1.32M ($-25,500)50%
Size:2,714 sqft vs avg 3,713 sqft50%
Price/sqft:$479 vs avg $46750%
More Insights
Built in 1946 (80 years old).
Condition: Built in 1946, the property retains significant vintage charm with original hardwood floors and coved ceilings. While well-maintained, the kitchen features dated oak cabinets and laminate countertops, and the absence of central HVAC (indicated by a wall heater) suggests major systems are functional but outdated. The property is livable but requires minor updates and potential investment in modernizing the kitchen, bathrooms (not pictured but likely similar condition), and core systems to meet contemporary standards.
Year Built
1946
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$479
HOA
-
Days on market
-
Sold On
-
MLS number
SR26000761
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Discover a rare two-home property in the historic West Adams neighborhood, offering both lifestyle and investment potential. The property features two separate homes on one lot. The front home is a two-story residence with 3 bedrooms and 3 bathrooms, showcasing classic details like arched doorways, original hardwood floors, and coved ceilings. The spacious living room equipped with a fireplace flows into a cozy dining area, while the kitchen blends vintage charm with everyday functionality. The rear unit offers 2 bedrooms and 1 bathroom, ideal for rental income, guests, or multi-generational living. A shared courtyard adds to the property’s appeal. Located minutes from Culver City, with easy Metro access to Santa Monica, Downtown LA, and LAX, this is a versatile opportunity in one of LA’s most sought-after historic neighborhoods
V
Victor Elzy
Listing Agent
Nearby schools
5/10
Cienega Elementary School
Public,•K-5•0.5mi
5/10
Virginia Road Elementary School
Public,•K-5•0.6mi
6/10
Baldwin Hills Elementary School
Public,•K-5•1.0mi
6/10
Marvin Elementary School
Public,•K-5•1.0mi
4/10
Alta Loma Elementary School
Public,•K-5•1.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.5mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.7mi
2/10
Audubon Middle School
Public,•6-8•1.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.7mi
3/10
Daniel Webster Middle School
Public,•6-8•5.0mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.3mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.4mi
Condition Rating
Fair
Built in 1946, the property retains significant vintage charm with original hardwood floors and coved ceilings. While well-maintained, the kitchen features dated oak cabinets and laminate countertops, and the absence of central HVAC (indicated by a wall heater) suggests major systems are functional but outdated. The property is livable but requires minor updates and potential investment in modernizing the kitchen, bathrooms (not pictured but likely similar condition), and core systems to meet contemporary standards.
Pros & Cons
Pros
Income Potential & Versatility: This rare two-home property offers significant investment potential with two separate residences on one lot, ideal for rental income, guest accommodation, or multi-generational living.
Historic Charm & Character: The front home showcases classic details such as arched doorways, original hardwood floors, and coved ceilings, preserving the vintage charm of the historic West Adams neighborhood.
Prime Location & Accessibility: Located in a sought-after historic neighborhood, minutes from Culver City, with easy Metro access to Santa Monica, Downtown LA, and LAX, offering excellent connectivity.
Spacious Living Configuration: With a total of 5 bedrooms and 4 bathrooms across 2714 sqft, the property provides ample space, including a two-story front home (3 beds/3 baths) and a rear unit (2 beds/1 bath).
Outdoor Communal Space: A shared courtyard enhances the property's appeal, providing a pleasant outdoor area for relaxation or social interaction between residents.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Age of Property & Potential Updates: Built in 1946, while offering vintage charm, the property may require significant investment in updating older systems (e.g., electrical, plumbing, HVAC) and modernizing interiors to meet contemporary standards.
Mixed School Performance: Several nearby middle and high schools, such as Audubon Middle School and Susan Miller Dorsey Senior High School, have lower ratings (rated 2), which could be a concern for families prioritizing top-tier public education.
Lack of Modern Luxury Amenities: The description emphasizes 'vintage charm' and 'everyday functionality' but does not highlight recent high-end renovations or modern luxury amenities (e.g., central AC, smart home features, fully updated kitchens/bathrooms), which might be expected by some buyers at this price point.