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Sold for $1,927,500 on 11/20/24
  • $1,927,500

    1525 S Orange Grove Ave, Los Angeles, CA 90019

    8beds
    4baths
    --sqft
    Multi Family
    Built in 1928
    -- sqft lot
    $1,984,700 Zestimate®
    $--/sqft
    $5,482 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 05, 2024 at 03:09am

    Listed by:

    James Allan DRE #01180635 310-704-0007,

    Compass

    Bought with:

    Amy Gandel, DRE #00873687

    Pinnacle Estate Properties

    Source: SDMLS,MLS#: 24-408875MLS LogoOriginating MLS: Malibu

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall/Gravity
    Cooling
    • N/K
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 2 Story
    Lot
    • Size: 6,886 sqft
    Details
    • Parcel number: 5068023003
    • Zoning: LAR3
    • Zoning description: LAR3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1928

    Community & neighborhood

    Location
    • Region: Los Angeles
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,984,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,984,700