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Multifamily

1010 N Orange Grove Ave

1010 N Orange Grove Ave, West Hollywood, CA 90046

Listing Price: $2,150,000

Cap Rate
5.16%
Number of Units
8
GRM
11.96
Price/Unit
$268,750
Price/Gross SF
$404.21
Gross SF
5,319

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1010 N Orange Grove Ave, an eight-unit apartment building located in the highly desirable 90046 zip code of Los Angeles.

Investment Highlights

  • Rare generational asset offered for the first time in decades, located in one of West Hollywood's most desirable rental submarkets!
  • Walkable to both the iconic Sunset Strip and Melrose Avenue, providing tenants with immediate access to premier dining, shopping, and entertainment!
  • Attracts high-earning professionals working in nearby job hubs like Beverly Hills and Hollywood.
  • Offers an attractive unit mix of 1-bed and 2-bed floor plans!
  • Located in a high-demand rental market! West Hollywood offers premium rents, low vacancy, and limited supply — ensuring long-term investor stability.
  • Strict development controls protect property values and reduce competition from new inventory.

Exclusively Listed By

Multifamily

1010 N Orange Grove Ave

Listing Price: $2,150,000

Cap Rate
5.16%
Number of Units
8
GRM
11.96
Price/Unit
$268,750
Price/Gross SF
$404.21
Gross SF
5,319

Investment Highlights

  • Rare generational asset offered for the first time in decades, located in one of West Hollywood's most desirable rental submarkets!
  • Walkable to both the iconic Sunset Strip and Melrose Avenue, providing tenants with immediate access to premier dining, shopping, and entertainment!
  • Attracts high-earning professionals working in nearby job hubs like Beverly Hills and Hollywood.
  • Offers an attractive unit mix of 1-bed and 2-bed floor plans!
  • Located in a high-demand rental market! West Hollywood offers premium rents, low vacancy, and limited supply — ensuring long-term investor stability.
  • Strict development controls protect property values and reduce competition from new inventory.

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1010 N Orange Grove Ave, an eight-unit apartment building located in the highly desirable 90046 zip code of Los Angeles.

Exclusively Listed By

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