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.
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
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#: 24-408875
Originating 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