Sold

1525 S Orange Grove Ave

Los Angeles CA, 90019

$1,927,500


$469.43 per sqft

Sold

8 Beds

4 Baths

4,106 sqft

Multi-family

Built in 1928

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.

24-408875

MLS ID

June 27, 2024

Listed

December 5, 2024

Updated

Map

1525 S Orange Grove Ave
Los Angeles CA, 90019

Interior Features

Total Stories

0


Bedrooms

8


Total Bathrooms

4


Appliances

Dishwasher, Ceiling Fan, Microwave, Ice Maker


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

Mid Los Angeles


Days on Market

131


Garage

Yes


Parking

Garage, Private Garage


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

12/5/2024

Sold

$1,927,500

11/6/2024

Pending

Exclusive Listing Agents

Listed by James Allan with Compass
Listing Contact: 310-704-0007 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor James Allan | CA DRE# 01180635 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/5/2024

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