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1525 S Orange Grove Ave, Los Angeles, CA 90019 - Main View

1525 S Orange Grove Ave, Los Angeles, CA 90019

Sale Price: $1,927,500

Jun 27, 20244,106 sqft8 beds4 baths

Listed by: James Allan

License #: 01180635

Phone #: 310-704-0007

Compass

Source:

MLS #: 24408875

Property Description

Charming Spanish fourplex in the desirable Beverly Center/ Miracle mile area. The building consists of four two bedroom, one bath apartments. One unit delivered vacant. Private garages for each unit. Numerous upgrades to all units while keeping the character and charm with arched ceilings and great layouts. Hard wood floors, Laundry in all units, individually metered, Granite counters and stainless steel appliances remodeled units with potential to increase income to $156,000. Current Net Income $101,664 with CAP of 4.8 and GRM of 15. Great owner user or Impressive Investor rental in highly desirable area 2 minutes to LACMA and 7 to drive to Beverly Hills.

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

DRE LICENSE #01997822

TurboHome Fair Market Estimate

TurboHome Savings

$27,339

TurboHome Estimated Value

$1,958,800

$477 sqft

High Valuation

$2,056,740

$501/sqft

Normal Valuation

$1,958,800

$477/sqft

Low Valuation

$1,860,860

$453/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$477/sqft	$1,958,800

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

DRE LICENSE #01997822

Neighborhood: Pico-Robertson

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Comparative Value

$1.20M

$1.48M

$1.93M

$2.10M

$2.23M

5139 W 21st St, Los Angeles, CA 90016

Sale Price: $1,200,000

Selected Comparable

1500 S Sycamore Ave, Los Angeles, CA 90019

Sale Price: $1,483,000

Selected Comparable

1525 S Orange Grove Ave, Los Angeles, CA 90019

Sale Price: $1,927,500

Selected Comparable

1525 S Orange Grove Ave, Los Angeles, CA 90019

List Price: $2,095,000

Subject Property

924 S Orange Grove Ave, Los Angeles, CA 90036

Sale Price: $2,120,000

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215 S Gale Dr, Beverly Hills, CA 90211

Sale Price: $2,226,000

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Neighborhood Comps

Subject Property

SUBJECT