Listing provided courtesy of James Allan of Compass. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.
Asking Price: $2,095,000
1525 Orange Grove, Los Angeles CA 90019
Community: C16 - Mid Los Angeles
Status: Pending
This property was built in 1928 and is priced at $2,095,000. Please see the additional details below.
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.