Multifamily
834 S Orange Grove Ave
834 S Orange Grove Ave, Los Angeles, CA 90036
Listing Price: $2,545,000
Investment 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.
834 S Orange Grove Ave
Investment Highlights
- The property is located on the borders of Miracle Mile and Carthay Circle, both are highly sought-after neighborhoods in Los Angeles with a high barrier to entry.
- Located 1 block from Wilshire/Fairfax Metro D Line Station scheduled to open in 2024 which will provide convenient access to Koreatown/Downtown LA to the east and Beverly Hills/Century City/Westwood t
- This property has over 20% +/- in rents which could be captured by renovating and repositioning the units.
Exclusively Listed By
Financing By
Listing Price: $2,545,000
Investment Highlights
- The property is located on the borders of Miracle Mile and Carthay Circle, both are highly sought-after neighborhoods in Los Angeles with a high barrier to entry.
- Located 1 block from Wilshire/Fairfax Metro D Line Station scheduled to open in 2024 which will provide convenient access to Koreatown/Downtown LA to the east and Beverly Hills/Century City/Westwood t
- This property has over 20% +/- in rents which could be captured by renovating and repositioning the units.
Investment 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.
Exclusively Listed By
Financing By
