$2,095,000
1525 S Orange Grove Avenue Los Angeles, CA 90019
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$2,095,000
Est. payment /mo
8 Beds
4,106 SqFt
UPDATED:
11/06/2024 07:12 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 4,106 sqft
Price per Sqft $510
MLS Listing ID CL24408875
Bedrooms 8
HOA Y/N No
Year Built 1928
Lot Size 6,888 Sqft
Acres 0.16
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 Listing
Zoning LAR3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Others
Tax ID 5068023003
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Listed by James Allan • Compass
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122