2032 S Palm Grove Ave, Los Angeles, CA, 90016

Looking for a property that can off-set your mortgage? This just might be the one! This charming Spanish-style duplex is an ideal opportunity for both savvy investors and owner-users. Much of the heavy lifting has already been completed, but there is still potential for additional value. Professionally remodeled in the past year WITH PERMITS (!!), including an enhanced electrical panel and wiring, roof repairs, plumbing updates, exterior remodeling, and landscaping. Unit 2034, featuring 2 beds and 1.5 baths, has undergone a complete renovation. The open concept living area is adorned with bright, oversized windows. The kitchen is a showstopper with a built-in island doubling as a dining table, newer stainless steel appliances, a tasteful herringbone backsplash, and ample storage. Both bathrooms boast sleek and modern designs, and the back bedroom provides access to the backyard through a sliding glass door. With newer HVAC, water heater, windows, and more, this unit is turn-key. Unit 2032, slightly larger with 2 beds and 1 bath, retains its charming Spanish character. Beautiful archways, a Batchelder-style fireplace, and original hardwood floors beneath the carpet await restoration. The backyard is perfect for relaxation and entertaining, featuring decomposed granite for low-maintenance landscaping. Two one-car garages have been drywalled and finished, offering versatile use as office space or storage. ADU potential presents an additional option, suitable for an owner-occupant or as a rental opportunity. Situated in a great mid-city location near Jurassic Magic, Johnny's Pastrami, Highly Likely, and just down the street from Palm Grove Social for your morning coffee. Palm Grove is a dream for owner-users, tenants and landlords alike! **Property qualifies for a reduced interest rate for owner occupants with the Community Lending Program.