Seller's Agent in 2017
Ari Wintraub
Sotheby's International Realty
(310) 428-5045
5 in this area
71 Total Sales
2624 S Palm Grove Ave Los Angeles, CA 90016
West Adams NeighborhoodEstimated Value: $1,282,000 - $1,535,000
4
Beds
3
Baths
1,897
Sq Ft
$742/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Gourmet Kitchen
- Open Floorplan
- Garage Cooled
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of October 2017This Montecito-styled Casa de Oro may easily be considered the best redone home in West Adams. An original 1920's Spanish, redeveloped to the highest standards in taste and style. Pass through an expansive front porch, and into an open main house that boasts original oak flooring throughout. This 3 bed/2 bath, has been entirely rebuilt offering all the luxuries of a new home, including: central air, new plumbing, electrical, and clay tiled roof. The Master quarters, with a walk in closet; stunning bathroom; and separate exit to the back porch, makes for a true retreat. Saltillo tiles and a butcher block center island warms the kitchen. But what makes South Palm Grove truly the best home in the area, is that it comes with a permitted detached second unit. A stylish 1 bed/1 bath, with both Barn and French door entry ways, which would make for a perfect supplemental income unit, or a cozy work/guest suite. Near to where all the new amenities are arriving, in LA's hottest new neighborhood
Last Agent to Sell the Property
Sotheby's International Realty License #01943483 Listed on: 09/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,914
Year Built
- Built in 1924
Lot Details
- 5,205 Sq Ft Lot
- West Facing Home
- Wood Fence
- Brick Fence
- Front and Back Yard Sprinklers
- Historic Home
- Property is zoned LAR2
Home Design
- Spanish Architecture
- Turnkey
- Spanish Tile Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 1,897 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- High Ceiling
- Living Room with Fireplace
- Dining Area
- Home Office
- Bonus Room
- Wood Flooring
- Property Views
Kitchen
- Gourmet Kitchen
- Kitchenette
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Double Vanity
- Low Flow Toliet
- Bathtub with Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer Hookup
Parking
- 4 Parking Spaces
- Garage Cooled
- Garage Apartment
- Driveway
Additional Homes
- Detached Guest House
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- 220 Volts
- Tankless Water Heater
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5057-010-022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2021
Sold by
Frankovitz Jason
Bought by
Mengel Stacey L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,500
Outstanding Balance
$607,917
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$798,821
Purchase Details
Closed on
Jan 8, 2021
Sold by
Frankovitz Jason and Mengel Stacy L
Bought by
Frankovitz Jason and Mengel Stacy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,500
Outstanding Balance
$607,917
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$798,821
Purchase Details
Listed on
Sep 14, 2017
Closed on
Oct 6, 2017
Sold by
2624 S Palm Grove Ave Llc
Bought by
Frankovitz Jason and Mengel Stacy L
Seller's Agent
Ari Wintraub
Sotheby's International Realty
Buyer's Agent
Michael Rozales
Realty Consultant Group
List Price
$895,000
Sold Price
$1,018,000
Premium/Discount to List
$123,000
13.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$708,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Oct 8, 2016
Closed on
Oct 25, 2016
Sold by
Russell Sherry J and Virginia L Gadison Residence T
Bought by
2624 S Palm Grove Ave Llc
Seller's Agent
Rena Braud
Compass
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$482,000
Sold Price
$525,000
Premium/Discount to List
$43,000
8.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.33%
Purchase Details
Closed on
Jan 19, 2012
Sold by
Gadison Virginia L and The Virginia L Gadison Trust
Bought by
Russell Sherry J and The Virginia L Gadison Residen
Purchase Details
Closed on
Apr 24, 2002
Sold by
Gadison Virginia and The Otis & Virginia Gadison Fa
Bought by
Gadison Virginia and Virginia L Gadison Trust
Purchase Details
Closed on
Apr 7, 1994
Sold by
Gadison Otis C and Gadison Virginia
Bought by
Gadison Otis Charles and Gadison Virginia Louise
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mengel Stacey L | -- | Lawyers Title La | |
| Frankovitz Jason | -- | Lawyers Title La | |
| Frankovitz Jason | -- | Lawyers Title | |
| Frankovitz Jason | $1,018,000 | Old Republic Title Company | |
| 2624 S Palm Grove Ave Llc | $525,000 | Old Republic Title | |
| Russell Sherry J | -- | None Available | |
| Gadison Virginia | -- | -- | |
| Gadison Otis Charles | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frankovitz Jason | $678,500 | |
| Closed | Frankovitz Jason | $708,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2017 10/25/17 | Sold | $1,018,000 | +13.7% | $537 / Sq Ft |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- |
| 09/14/2017 09/14/17 | For Sale | $895,000 | +70.5% | $472 / Sq Ft |
| 11/10/2016 11/10/16 | Sold | $525,000 | 0.0% | $404 / Sq Ft |
| 10/19/2016 10/19/16 | Pending | -- | -- | -- |
| 10/14/2016 10/14/16 | Off Market | $525,000 | -- | -- |
| 10/08/2016 10/08/16 | For Sale | $482,000 | -- | $370 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,914 | $1,158,305 | $796,478 | $361,827 |
| 2024 | $13,914 | $1,135,594 | $780,861 | $354,733 |
| 2023 | $13,647 | $1,113,328 | $765,550 | $347,778 |
| 2022 | $13,015 | $1,091,499 | $750,540 | $340,959 |
| 2021 | $12,854 | $1,070,098 | $735,824 | $334,274 |
| 2020 | $12,987 | $1,059,127 | $728,280 | $330,847 |
| 2019 | $12,469 | $1,038,360 | $714,000 | $324,360 |
| 2018 | $12,368 | $1,018,000 | $700,000 | $318,000 |
| 2016 | $481 | $32,873 | $19,852 | $13,021 |
| 2015 | $475 | $32,380 | $19,554 | $12,826 |
| 2014 | $487 | $31,746 | $19,171 | $12,575 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
Michael Rozales
Realty Consultant Group
(213) 840-9080
23 Total Sales
-
Seller's Agent in 2016
Rena Braud
Compass
(310) 908-4513
52 Total Sales
Map
Source: The MLS
MLS Number: 17-269516
APN: 5057-010-022
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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