$1,927,500
$2,095,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1525 S Orange Grove Ave Los Angeles, CA 90019
8 Beds
4 Baths
4,106 SqFt
Key Details
Sold Price $1,927,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,106 sqft
Price per Sqft $469
MLS Listing ID 24-408875
Sold Date 11/20/24
Bedrooms 8
Year Built 1928
Lot Size 6,888 Sqft
Acres 0.1581
Property Sub-Type Multi-Family
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 Mid Los Angeles
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Dishwasher, Ceiling Fan, Microwave, Ice Maker
Exterior
Parking Features Garage, Private Garage
Building
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Pinnacle Estate Properties