1525 S Orange Grove Avenue, Los Angeles, CA 90019
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Listed Price :
$2,095,000
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Beds :
8
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Baths :
4
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Property Size :
4,106 sqft
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Year Built :
1928
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.
Interior Features
Bedroom Information |
Bedrooms |
8 |
Bathroom Information |
Bathrooms |
4 |
Interior Information |
Features |
Ceiling Fan(s) |
Cooling Type |
None |
Listing Information
Address |
1525 S Orange Grove Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90019 |
County |
Los Angeles |
Listing Agent |
James Allan DRE #01180635 |
Courtesy Of |
Compass |
List Price |
$2,095,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
4,106 |
Lot Size |
6,888 |
Year Built |
1928 |
Listing information courtesy of: James Allan, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:43 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.