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$2,095,000
1525 S Orange Grove AVE Los Angeles, CA 90019
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$2,095,000
Est. payment /mo
8 BD
4 BA
4,106 SqFt
Pending
1525 S Orange Grove AVE Los Angeles, CA 90019
UPDATED:
11/06/2024 06:40 PM
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,106 sqft
Price per Sqft $510
MLS Listing ID 24408875
Bedrooms 8
HOA Y/N No
Year Built 1928
Lot Size 6,886 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Garage Garage, Private
Parking Type Garage, Private
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5068023003
Special Listing Condition Standard
Listed by James Allan • Compass