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$1,999,000

Beds
4
Baths
4.5
sq ft
2,815

2848 S Palm Grove Ave, Los Angeles, CA 90016

2848 S Palm Grove Ave

Los Angeles, CA 90016

  • 94 days on market
    • Price drop $50,000↓
Welcome to this beautifully remodeled modern farmhouse on a palm tree lined street, a true sanctuary in the vibrant and eclectic neighborhood of West Adams. This impressive home has undergone an extensive renovation, featuring nearly all-new construction and modern amenities, making this residence feel like a brand-new home. This home features four bedrooms and four and a half bathrooms, each with an en suite bathroom and custom walk-in closet equipped with shelving and drawers, ensuring ample storage and privacy. As you enter, you're greeted by soaring ceilings and abundant natural light that floods the open layout. To your right, a guest bedroom with a large window, an en suite bathroom, and a walk-in closet offers a welcoming space for visitors. The heart of the home is the expansive common area, featuring an open floor plan that includes a large dining area, a family room with a cozy electric fireplace, and a spacious kitchen. The kitchen is a chef's delight with custom solid white oak cabinets, Quartz countertops, a substantial island, and a vast walk-in pantry, all complemented by new appliances, including a panel-ready refrigerator. Convenience is at the forefront with a nearby powder room serving the common area. Ascend to the second floor where you'll find three massive bedrooms, each boasting its own en suite bathroom and custom walk-in closet. The laundry facilities, thoughtfully placed in the upstairs hall, include new washer/dryer hookups with space above the machines for folding clothes and additional storage. The primary suite is a true retreat, featuring an extensive walk-in closet and a luxurious bathroom with wood-styled tile walls, a freestanding tub, a large shower, oversized skylight and dual vanities. Outside, the expansive backyard is lined with maturing ficus trees for privacy and includes a new built-in BBQ area. The versatile gravel space offers potential for a fire pit, bocce ball court, or a future pool, perfect for outdoor entertainment and relaxation. RTI plans for a pool are included in the sale. The back deck is lined with exterior lights and dusk-to-dawn lights, creating a welcoming ambiance. This home boasts numerous upgrades, including a new roof with insulation, new insulation throughout, a new electrical panel and new electrical wiring throughout, two new HVAC systems, and a new plumbing system including the main line. All new energy-efficient windows and a custom front door enhance the home's modern appeal. Additional features include a tankless water heater, an EV charger (240V) in the garage, built-in Sonos speakers and amplifier, and a comprehensive camera and alarm system with intercom. An automatic sprinkler system in the front and back ensures easy maintenance of the lush landscape. Located just steps from Vineyard Recreation Center, which features a playground and basketball court, and a short walk or drive to local favorites like Highly Likely, Mizlala, Vicky's All Day, Cento, Chulita, Johnny Pastrami, and Whole Foods on Jefferson Blvd, as well as Delicious Pizza, Alta, and more on Adams Blvd. With proximity to Culver City's shops, restaurants, and local parks such as Kenneth Hahn and Baldwin Hills, and close proximity to Metro K Line and Metro E Line stops, making it easy to get to LAX, Santa Monica, and DTLA, this home is ideally situated for enjoying the best of West Adams. Welcome home to a perfect blend of style, convenience, and upscale living in one of Los Angeles' most sought-after neighborhoods, now enhanced with the latest in home technology.

Details

Property type

Single Family Residence

Est. home value

$868,940

Property condition

Updated/Remodeled

Lot size

5,206 sq ft

Price per sq ft

$711

Year built

1926

HOA

No

Price History

10/16/2024
CLAW

CLAW #24426503

Price change
$1,999,000
-2.44%
10/09/2024
CLAW

CLAW #24426503

Listed
$2,049,000
10/03/2024
CLAW

CLAW #24426503

Pending
$2,049,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loan Funder Llc

Loan start date

March 2023

Original loan amount

$1,081,200

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Commercial, 1 year

Seller

Hbu Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 8:15 AM

Listing updated: 10/23/2024 at 3:05 PM

Listed by: Jose Prats, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #24426503

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