1525 S Orange Grove Avenue, Los Angeles, CA 90019
Property
Sold November 2024
Listing Agent: James Allan (DRE #01180635) · Listing Office: Compass · Contact: 310-437-7500 · Bought with: Amy Gandel · Pinnacle Estate Properties · MLS #24408875 · Source: CRMLS
About this property
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 description from the November 2024 sale, as reported to CRMLS.
Sale history