1525 S Orange Grove Avenue Los Angeles, CA 90019
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number24408875
- Home Size Source N/A
- Year Built1928
- Lot Size0.1581 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking GaragePrivate
- Parking Spaces 0
- Number of Stories 20
- Acreage 0.1581
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating Wall Furnace
- Appliances DishwasherMicrowave
- Interior Ceiling Fan(s)
Community Features
- Senior Community No
- MLS Area C16 - Mid Los Angeles