3020 S Palm Grove
Los Angeles, CA, 90016
$1,279,000
MLS: SR26000761
Beds
5
Baths
4
Sq Ft
2,714
Lot
0.14 ac
Year Built
1946
MLS #
SR26000761
Days on Market
92
Listed
Jan 7, 2026
Description
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
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Victor Elzy · My Brokerage, Inc.
Payment estimate
$9,184
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $127,900 · Loan: $1,151,100
- Principal & Interest
- $7,073
- Property tax (1.25%)
- $1,332
- Homeowners insurance
- $300
- Mortgage insurance
- $480
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $44,765 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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