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This Multifamily Property is no longer advertised on LoopNet.com.

834 S Orange Grove Ave
Los Angeles, CA 90036

Multifamily Property For Sale · 8 Units

Investment Highlights

  • Excellent Location - Located on the borders of Miracle Mile and Carthay Circle, both are highly sought-after neighborhoods in LA
  • Value-Add Opportunity - This property has over 19% +/- in rents which could be captured by renovating and repositioning the units
  • Large units with spacious floor plans - The property consists of 8,012 rentable SF and features eight (8) One Bedroom/One Bathroom units
  • Convenient Transportation Nearby - Located 1 block from Wilshire/Fairfax Metro D Line Station scheduled to open in 2024
  • Exceptional Area Demographics - The average Annual Household Income in Hollywood is $119,820 within a 1-Mile Radius from the Subject Property
  • Charming Character Building - Spanish style building with incredible character and desirable curb appeal

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 8,012 SF
Average Occupancy 100%
No. Stories 2
Year Built 1929

Unit Amenities

  • Air Conditioning
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5086-011-003
Land Assessment
$102,566
Improvements Assessment
$230,930
Total Assessment
$333,496

zoning

Zoning Code LAR3
LAR3
  • Listing ID: 28641961

  • Date on Market: 6/2/2023

  • Last Updated:

  • Address: 834 S Orange Grove Ave, Los Angeles, CA 90036

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