1525 S Orange Grove Avenue

Los Angeles, CA 90019 Active for $2,095,000
 


Beds: 8  Baths: 4  Structure Size: 4,106 sqft  Lot Size: 6,888 sqft


Property Facts
MLS 24408875
Year Built 1928
Property Type
County Los Angeles
Status Active
Active $2,095,000
Structure Size 4,106 sqft
Lot Size 6,888 sqft
Beds 8
Baths 4

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.

Listing information courtesy of: James Allan, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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