1525 S Orange Grove Avenue Pending

Los Angeles,CA 90019

$ 2095000

8 Beds

0 Bath

4106 SqFt


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

Exterior

Parking Type Other,Private

Building

New Construction No

Others

Tax ID 5068023003

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