Los Angeles, CA 90036,351 N Orange Grove Avenue
Los Angeles, CA 90036,351 N Orange Grove Avenue
Los Angeles, CA 90036,351 N Orange Grove Avenue
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$2,295,000
Est. payment /mo
8 Beds
5,985 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 5,985 sqft

Price per Sqft $383

MLS Listing ID CL25534539

Bedrooms 8

HOA Y/N No

Year Built 1928

Lot Size 6,373 Sqft

Acres 0.15

Property Sub-Type OTHER

Property Description

We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is situated on a 6,373 sq ft lot. This property includes two spacious 2-bedroom, 1-bathroom unit downstairs, and two large 2-bedroom, 1-bathroom units upstairs, each approximately 1,500 sq ft. A key highlight is the full potential of the property for renovations enabling investors to realize the property's full income potential after their renovation is completed. The asset benefits from its designation within an HPOZ (Historic Preservation Overlay Zone), offering potential tax advantages, and also benefits from favorable R3 and TOC zoning, depending on HPOZ restrictions (buyer to verify). 351 N Orange Grove is optimally located just north of Beverly Blvd and The Grove, in the heart of Miracle Mile - an area renowned for its cultural, dining, and shopping amenities. With a Walk score of 92, the neighborhood is a veritable "walker's paradise", offering residents an array of nearby conveniences and an outstanding quali

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Forced Air

Fireplace No

Laundry Dryer, Washer

Building

New Construction No

Others

Tax ID 5527037010


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Bridge MLS
Listed by Vangelis Korasidis • Coldwell Banker Realty
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351 N Orange Grove Avenue