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754 S Orange Grove Avenue

Los Angeles, CA 90036

$1,995,000

| 6,255 sq. ft.

Status: Active Area: C19 - Beverly Center-Miracle Mile
Year Built: 1928 MLS#: 26647439

Description

Six very spacious 1 br 1 bath apartments (average over 1,000 sq ft) with lots of 1920's charm. Separate dining rooms, hardwood floors, large French windows, bathrooms with beautiful tile work and separate showers and baths, laundry hook ups in each unit and great 1920's lighting fixtures. Fantastic location within easy walking distance to Museum Row as well as the Metro stop that is coming soon. Great long term investment. 9.79x gross rent multiplier on current market rents and excellent ADU possibilities. Two of the six apartments (the smaller 2 units) have been renovated. Only certain expenses are estimated below.

Features

    Appliances: Dishwasher, Refrigerator
    Heating: Gravity
    Cooling: N/A
    Structure Type: Mediterranean
    Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $319
    Parking Spaces: 4
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.