• Asking Price $2,095,000
  • Estimated Value: $1,829,994

  • 1525 S ORANGE GROVE AVE LOS ANGELES, CA 90019

  • 8 Beds 4 Baths 4,106 SqFt
  • Multi-family (5 or more units) / Resale (MLS)
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Property Details for 1525 S ORANGE GROVE AVE, LOS ANGELES, CA 90019

Features

  • Price/sqft: $510
  • Lot Size: 6886 sq. ft.
  • Total Units: 4
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1928
  • Property ID: 894590444
  • MLS Number: 24-408875
  • Parcel Number: 5068-023-003
  • Property Type: Multi-family (5 or more units)
  • County: LOS ANGELES
  • Legal Description: TRACT # 4713 LOT/SEC 80
  • Zoning: LAR3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Charming 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.

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Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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