Property listed by Tony Azzi, Tony Azzi 310-909-5454
$2,200,000
1010 N Orange Grove Ave is a rare 8-unit offering in the heart of West Hollywood, one of LA's most in-demand rental markets. With below-market rents and a solid mix of (1) studio, (6) 1-bed/1-bath units, and (1) 2-bed/1.5-bath unit, the property offers great upside potential. It appeals to an… Read More economically stable renter base working in nearby areas like Hollywood and Beverly Hills. The building has seen recent updates, including interior renovations and exterior improvements, cutting down on maintenance and boosting curb appeal. Just steps from the Sunset Strip and Melrose Ave, tenants enjoy walkable access to some of LA's best dining, shopping, and nightlife making this a strong long-term investment opportunity. Read Less
Listing Snapshot
Days Online
35
Last Updated
Property Type
Other
Beds
9
Square Ft.
5,319
Lot Size
0.15 Acres
Year Built
1957
MLS Number
25570913
30 Days Snapshot Of 90046
$2.34M
+13%
(avg) sold price
29
-23%
homes sold
83
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 5,319, Levels: Two, Living area: 5319, 2 stories, 1 building
Income
Gross income: $176,849, Net operating income: $105,863
Lot
0.1497 acres, 6,519 square feet, Size: 6,519
Parking
7 totals parking, Driveway
Property
Zoning: WDR3C*, CityLights
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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