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834 South Orange Grove Avenue

Los Angeles CA 90036

8
8
8012 sq. ft.
6033 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to present 834 S Orange grove, an excellent eight-unit value-add opportunity. The property is located on the borders of Miracle Mile and Carthay Circle, both of which are highly sought-after neighborhoods in Los Angeles with a high barrier to entry. Furthermore, the property is located 1 block from Wilshire/Fairfax Metro D Line Station, which is scheduled to open in 2024. The new metro stop will provide convenient access for tenants to Koreatown/Downtown LA to the east and Beverly Hills/Century City/Westwood to the west (western route scheduled to be completed in phases from 2025-2027). With respect to income, this property has over 20% +/- in rent, which could be captured by renovating and repositioning the units. The Spanish-style building, with incredible character and desirable curb appeal, consists of 8,012 rentable SF and features eight (8) One-Bedroom/One-Bathroom units.

Features

8 bedrooms
8 bathrooms
8012 sq. ft. floor area
6033 sq. ft. lot size
Other

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 8 eight-bedroom other properties similar to 834 South Orange Grove Avenue, have been sold.

This represents a 20% increase in eight-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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