1525 S Orange Grove Avenue

Los Angeles, CA 90019

$2,095,000

List Price

8

bed Beds

4

shower Baths

4,106 sqft

straighten / sqft

1928

calendar_month Built

Property 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

List Price $2,095,000
Status Active
MLS 24408875
Type Residential Income
Year Built 1928
Lot Size 6,888
Structure Size 4,106
DOM 47
Courtesy Of Compass
Listing Agent James Allan DRE#01180635

Interior Features

Total Bedroom
Bedrooms 8
Total Bathroom
Bathrooms 4
Additional Information
Additional Features Ceiling Fan(s)
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: James Allan, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 18th, 2024 at 4:50 PM 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.