1525 S Orange Grove AVE Pending

Los Angeles,CA 90019

$ 2095000

8 Beds

4 Baths

4106 SqFt


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

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

Heating Wall Furnace

Cooling None

Exterior

Parking Features Garage,Private

Building

New Construction No

Others

Special Listing Condition Standard

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