Income property with huge upside. Located close to most popular areas of LA- Westside, beaches, Hollywood, Beverly Hills, and DTLA. All units are similar. Units have hardwood flooring, spacious 850 sq ft layouts, and ample storage space. Layouts are 1 bedroom with bonus room- can easily be converted into two bedroom layout to achieve higher rental income. 1 assigned garaged parking spot for each unit and additional spots available for guests. Price of rents are currently below market. Average rents in area $1500-1800 for one bedroom and $1800-2200 for two bedrooms. Lots of potential with this building. Seller has upgraded to cooper plumbing, and roof work was completed within the past year. Do not disturb tenants.
Off market
$1,398,700
1439 S Orange Grove Ave, Los Angeles, CA 90019
4beds
4baths
3,483sqft
MultiFamily
Built in 1939
-- sqft lot
$1,398,700 Zestimate®
$402/sqft
$4,603 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- Central, Wall
Interior area
- Total interior livable area: 3,483 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 7,126 sqft
Details
- Parcel number: 5068022025
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$1,398,700