1556 S Orange Grove Ave | Los Angeles, CA 90019
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- LoopNet Team
1556 S Orange Grove Ave
Los Angeles, CA 90019
Multifamily Property For Sale · 7 Units
Investment Highlights
- Beautiful 7-unit building located just south of Pico Blvd and East of Fairfax
- 2 of the units were just remodeled with refinished hardwood flooring, new cabinets, quartz counters, stainless appliances.
- The Owner has completed the earthquake retrofit of the garages. Separately metered for gas and electric.
- The well-maintained property was built in 1961 consists of two 2 bedroom/1 bathroom units and five 1 bedroom/ 1 bath units.
- Bathrooms were remodeled with new tiled showers, floors, cabinets, quartz counters, and fixtures.
- Close to the Los Angeles Metro Line, as well as a host of trendy restaurants, shopping and entertainment venues making it a highly desirable location
PROPERTY FACTS
| No. Units | 7 | Building Size | 5,987 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.16 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,987 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.34/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $1,447 | - |
| 2+1 | 2 | $1,845 | - |
PROPERTY TAXES
| Parcel Number | 5068-026-014 | Improvements Assessment | $624,240 |
| Land Assessment | $2,080,800 | Total Assessment | $2,705,040 |
PROPERTY TAXES
Parcel Number
5068-026-014
Land Assessment
$2,080,800
Improvements Assessment
$624,240
Total Assessment
$2,705,040
zoning
| Zoning Code | LA R3 |
| LA R3 |
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