Los Angeles, CA 90019 1525 S Orange Grove Ave
$2,095,000
20 more
Presented By: James Allan with Compass
Beds • 8
Baths • 4
SQFT • 4,106
Home Details
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.
Presented By: James Allan with Compass
Interior Features for 1525 S Orange Grove Ave
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Heating Y/NYes
Total Stories
General for 1525 S Orange Grove Ave
AppliancesDishwasher, Microwave
Cap Rate4.84
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market
DirectionsSouth of Pico, East of Fairfax
Electric Expense2400
Garage Y/NYes
Gross Income139914
HOA / Comm AssnNo
HeatingWall Furnace
Insurance Expense4800
Interior FeaturesCeiling Fan(s)
LevelsTwo
Lot Size Square Feet6888
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income101664
New ConstructionNo
NumberOfUnitsTotal4
Property TypeResidential Income
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Taxes$26,250
Water Sewer Expense2400
Year Built1928
ZoningLAR3
Exterior for 1525 S Orange Grove Ave
Building Area Total4106
Lot Size Acres0.1581
Lot Size Area6888
Number of Buildings1
Parking FeaturesGarage, Private
Total Parking0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480