$2,095,000
1525 Orange Grove Avenue, Los Angeles 90019
8
Beds
4
Baths
4,106
Square feet
6,888
Lot Size
4
# Of Units
Listing Agent
James Allan - CompassCharming Spanish fourplex in the desirable Beverly Center/ Miracle mile area. The building consists of four two bedroom, one bath apartments. One unit delivered vacant. Private garages for each unit. Numerous upgrades to all units while keeping the character and charm with arched ceilings and great layouts. Hard wood floors, Laundry in all units, individually metered, Granite counters and stainless steel appliances remodeled units with potential to increase income to $156,000. Current Net Income $101,664 with CAP of 4.8 and GRM of 15. Great owner user or Impressive Investor rental in highly desirable area 2 minutes to LACMA and 7 to drive to Beverly Hills.
Facts & Features
| MLS® # | 24408875 |
|---|---|
| Price | $2,095,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 4,106 |
| Lot Size | 6,888 |
| Year Built | 1928 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1525 Orange Grove Avenue |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90019 |
Amenities
| Parking | Garage, Private |
|---|---|
| Garages | Garage, Private |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Microwave |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Stories | Two |
Additional Information
| Date Listed | June 27th, 2024 |
|---|---|
| Days on Market | 81 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | James Allan |
|---|---|
| Office | Compass |