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For sale
  • $2,295,000

    351 N Orange Grove Ave, Los Angeles, CA 90036

    8beds
    4baths
    5,985sqft
    : 
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $383/sqft
    $-- HOA

    What's special

    Spanish architectural flair
    We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is situated on a 6,373 sq ft lot. This property includes two spacious 2-bedroom, 1-bathroom unit downstairs, and two large 2-bedroom, 1-bathroom units upstairs, each approximately 1,500 sq ft. A key highlight is the full potential of the property for renovations enabling investors to realize the property's full income potential after their renovation is completed. The asset benefits from its designation within an HPOZ (Historic Preservation Overlay Zone), offering potential tax advantages, and also benefits from favorable R3 and TOC zoning, depending on HPOZ restrictions (buyer to verify). 351 N Orange Grove is optimally located just north of Beverly Blvd and The Grove, in the heart of Miracle Mile - an area renowned for its cultural, dining, and shopping amenities. With a Walk score of 92, the neighborhood is a veritable "walker's paradise", offering residents an array of nearby conveniences and an outstanding quality of life. It's approximately 1/2 mile from The Grove, LA's premier shopping and dining destination, featuring a mix of high-end retailers and unique boutiques, alongside world-class dining options, offering a desirable lifestyle for potential tenants. Just a block away from CBS studios. This property, with its historic charm, substantial square footage, zoning advantages, and superior location, offers an exceptional investment opportunity to maximize income potential and capital appreciation in the highly coveted Miracle Mile area. Motivated seller!
    93 days
    on Zillow
    |
    549
    |
    35
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 02, 2025 at 03:46am

    Listed by:

    Vangelis Korasidis DRE # 01222626 310-405-9500,

    Coldwell Banker Realty 310-777-6200

    Source: CLAW,MLS#: 25534539MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer, Refrigerator, Range/Oven
    Interior area
    • Total structure area: 5,985
    • Total interior livable area: 5,985 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Covered, Garage - 4+ Car, Garage Is Detached
    • Garage spaces: 5
    Features
    • Levels: One
    • Stories: 2
    Lot
    • Size: 6,372.83 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5527037010
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

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

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $383/sqft
    • Tax assessed value: $163,146
    • Annual tax amount: $2,702
    • Date on market: 5/6/2025
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