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
James Allan
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