1044 S Orange Grove Ave | Los Angeles, CA 90019
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- LoopNet Team
1044 S Orange Grove Ave
Los Angeles, CA 90019
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Beautifully upgraded, charming fourplex located in a strong, high-demand rental market
- Unit upgrades include brand new kitchens and bathrooms, stainless steel appliances, hardwood floors, new HVAC central AC/heat, washer/dryers
- New roof, new exterior paint, new water heaters, new sewer line to main, and electrical and plumbing upgrades
- Extremely spacious and well-designed two-bedroom, one-bath units averaging between 1,320-1,350 SF
- Possibility to increase income through additional renovations and possible construction of ADUs (buyer to confirm)
- Ideally located between prime Miracle Mile and Carthay Circle, two highly desirable and walkable submarkets of Los Angeles
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 5,322 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1937 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 5,322 SF |
| No. Stories | 2 |
| Year Built | 1937 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 1,331 |
PROPERTY TAXES
| Parcel Number | 5086-013-008 | Improvements Assessment | $1,009,800 |
| Land Assessment | $1,514,700 | Total Assessment | $2,524,500 |
PROPERTY TAXES
Parcel Number
5086-013-008
Land Assessment
$1,514,700
Improvements Assessment
$1,009,800
Total Assessment
$2,524,500
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