2948 S Palm Grove Ave Los Angeles, CA 90016
West Adams NeighborhoodEstimated Value: $912,000 - $956,000
5
Beds
2
Baths
1,714
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Floor Furnace
- 3-minute walk to Vineyard Recreational Center
- Ceiling Fan
About This Home
As of February 2024Welcome to this updated, well maintained duplex in one of the hottest pockets of Los Angeles. The unit on the South (right side) is a VACANT 2 bedrooms and 1 bath. Unit on the North side (left side) is occupied 3 bedrooms 1 bath (BOTH UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW). There is also a bonus room behind the 3 bedrooms unit. Both units have their own washer and dryer. Property offers 2 cars garage plus a large storage area and a bathroom (might be a good potential to add an ADU- check with city). Conveniently located a few minutes walk from the METRO LINE. New roof was install in 2023 with 10 years warranty. electric panels have been updated, recessed led lighting throughout the units. This one will not last.
Last Agent to Sell the Property
Bader Realty, Inc. License #01751052 Listed on: 11/11/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,449
Year Built
- Built in 1924
Lot Details
- 5,200
Parking
- 2 Car Garage
Interior Spaces
- 1,714 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- 5,200 Sq Ft Lot
- Floor Furnace
Community Details
- 2 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5057-025-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2023
Closed on
Jan 11, 2024
Sold by
Rachmani Jacel Birrey
Bought by
Rachmani Jack
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Sasharee Dewar
Berkshire Hathaway HomeServices CA Properties
List Price
$959,900
Sold Price
$900,000
Premium/Discount to List
-$59,900
-6.24%
Total Days on Market
31
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,231
Avg. Annual Appreciation
2.68%
Original Mortgage
$824,175
Outstanding Balance
$812,804
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$119,427
Purchase Details
Listed on
Nov 11, 2023
Closed on
Jan 9, 2024
Sold by
Rachmani Jack
Bought by
Dewar Nollis and Dewar Sasharee
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Sasharee Dewar
Berkshire Hathaway HomeServices CA Properties
List Price
$959,900
Sold Price
$900,000
Premium/Discount to List
-$59,900
-6.24%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,175
Outstanding Balance
$812,804
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$119,427
Purchase Details
Listed on
Mar 16, 2012
Closed on
Mar 30, 2012
Sold by
Federal National Mortgage Association
Bought by
Rachmani Jack
Seller's Agent
JAMES JENNINGS
Top Sales Real Estate Services
Buyer's Agent
Jenny Segovia
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$228,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2010
Sold by
Hernandez Socorro
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jan 29, 2007
Sold by
Hernandez Eva R
Bought by
Hernandez Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 9, 2007
Sold by
Jurado Jose Barraza
Bought by
Hernandez Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2005
Sold by
Quintanilla Sonia E
Bought by
Jurado Jose Barraza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 9, 2005
Sold by
Acn Properties Inc
Bought by
Jurado Jose Barraza and Hernandez Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 28, 2005
Sold by
Hinton Sylvester and Spraggins Irene
Bought by
A C N Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 1, 2000
Sold by
Spraggins Irene and Laws Daryl
Bought by
Spraggins Irene
Purchase Details
Closed on
Jul 12, 1995
Sold by
Spraggins Irene
Bought by
Spraggins Irene and Laws Daryl
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rachmani Jack | -- | Lawyers Title | |
| Dewar Nollis | $900,000 | Lawyers Title Company | |
| Rachmani Jack | $285,000 | Stewart Title Of California | |
| Federal National Mortgage Association | $512,724 | Accommodation | |
| Hernandez Socorro | -- | Fidelity National Title Co | |
| Hernandez Socorro | -- | Fidelity National Title Co | |
| Jurado Jose Barraza | -- | Southland Title Corporation | |
| Hernandez Socorro | -- | Southland Title Corporation | |
| Jurado Jose Barraza | $575,000 | Southland Title Corporation | |
| A C N Properties Inc | $395,000 | First American Title Ins Co | |
| Spraggins Irene | -- | -- | |
| Spraggins Irene | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dewar Nollis | $824,175 | |
| Previous Owner | Rachmani Jack | $228,000 | |
| Previous Owner | Hernandez Socorro | $468,000 | |
| Previous Owner | Hernandez Socorro | $468,000 | |
| Previous Owner | Hernandez Socorro | $115,000 | |
| Previous Owner | Jurado Jose Barraza | $460,000 | |
| Previous Owner | A C N Properties Inc | $30,000 | |
| Previous Owner | A C N Properties Inc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $900,000 | -6.2% | $525 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 11/11/2023 11/11/23 | For Sale | $959,900 | +236.8% | $560 / Sq Ft |
| 05/24/2012 05/24/12 | Sold | $285,000 | +1.8% | $166 / Sq Ft |
| 03/23/2012 03/23/12 | Pending | -- | -- | -- |
| 03/16/2012 03/16/12 | For Sale | $279,900 | -- | $163 / 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 |
|---|---|---|---|---|
| 2024 | $4,449 | $350,947 | $246,281 | $104,666 |
| 2023 | $4,369 | $344,066 | $241,452 | $102,614 |
| 2022 | $4,175 | $337,320 | $236,718 | $100,602 |
| 2021 | $4,113 | $330,707 | $232,077 | $98,630 |
| 2019 | $3,993 | $320,900 | $225,195 | $95,705 |
| 2018 | $3,904 | $314,609 | $220,780 | $93,829 |
| 2016 | $3,720 | $302,394 | $212,207 | $90,187 |
| 2015 | $3,666 | $297,853 | $209,020 | $88,833 |
| 2014 | $3,690 | $292,019 | $204,926 | $87,093 |
Source: Public Records
Agents Affiliated with this Home
-
Tal Bader
Seller's Agent in 2024
Tal Bader
Bader Realty, Inc.
(310) 345-4073
1 in this area
13 Total Sales
-
Sasharee Dewar
Buyer's Agent in 2024
Sasharee Dewar
Berkshire Hathaway HomeServices CA Properties
(323) 557-5594
2 in this area
12 Total Sales
-
JAMES JENNINGS
J
Seller's Agent in 2012
JAMES JENNINGS
Top Sales Real Estate Services
(310) 386-9406
-
J
Buyer's Agent in 2012
Jenny Segovia
Map
Source: The MLS
MLS Number: 23-331171
APN: 5057-025-013
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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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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