Los Angeles, CA 90019 1556 S Orange Grove Avenue

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  • MLS# SR21251486
  • 11/18/2021
  • Request Tour
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Presented By: Anie Mayelian with Keller Williams Encino-Sherman Oaks - 818-915-9118
  • Beds • 9
  • Baths • 7
  • SQFT • 5,987
  • Year Built • 1961

Home Details

1556 S Orange Grove Avenue located in Mid-city, a seven-unit apartment community. Owner will carry financing with 33% down payment. Unit 1 will be delivered vacant. The Owner has completed earthquake retrofit of the garages. Monthly capital improvement reimbursement of approximately $150/month could be added to the rental income. Located just south of Pico Blvd and East of Fairfax. The well-maintained property was built in 1961 consists of two 2 bedroom/1 bathroom units and five 1 bedroom/ 1 bath units. Two of the units were just remodeled with refinished hardwood flooring, new cabinets, quartz counters, stainless appliances. Bathrooms were remodeled with new tiled showers, floors, cabinets, quartz counters and fixtures. The subject has 5,987 of rentable sq/ft and is situated on 6,885 sq/ft lot per assessor. Separately metered for gas and electric. Excellent location minutes from Downtown LA, Beverly Hills, Culver City, and Santa Monica. Close to the Los Angeles Metro Line as well as a host of trendy restaurants, shopping and entertainment venues making it a highly desirable location to live in.
Presented By: Anie Mayelian with Keller Williams Encino-Sherman Oaks - 818-915-9118

Interior Features for 1556 S Orange Grove Avenue

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesCommon Area

General for 1556 S Orange Grove Avenue

Additional Parcels Y/NNo
Carport Spaces5
Carport Y/NYes
Community FeaturesCurbs, Storm Drain(s), Sidewalks
Garage Spaces0
Garage Y/NNo
Land Lease Y/NNo
LevelsTwo
Listing AgentAnie Mayelian - BRE#00778825
Listing Agent State License00778825
Lot Size Square Feet6885
MLS AreaC16 - Mid Los Angeles
Open Parking Spaces3
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusActive
Stories2
TermsCash, Cash to Existing Loan, Cash to New Loan
Total Units7
Water Sewer Expense5782
ZoningLAR3

Exterior for 1556 S Orange Grove Avenue

Lot Size Acres0.16
Lot Size Area6885
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Total Parking8
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $2,600,000
MLS#SR21251486
List Date 11/18/2021
Property Type Income
Phone 310.658.1749
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