Address
1043 S Orange Grove Avenue Los Angeles, CA
Price
$ 2,400,000
Property Attributes
  • MLS#SR20163795
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90019
  • Style
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5795
  • Lot Size7,562 SqFt
Listing Provided Courtesy Of:
Pat "Ziggy" Zicarelli with Style Realty & Inv.Co.Inc..
Property Description

Tremendous upside potential on this 6-UNIT apartment building in Los Angeles. Great mix of units: Two 2br + 1.5ba, Two 1br + 1ba, One 2br + 1ba, and 1 Studio/Single. There are 3 detached garages in the rear of the building (Garages currently rented out for $1000/month). Vintage building with charming and inviting design throughout. Designed in the 1930's, old Los Angeles meets modern urban living. First time on the market in decades, located in an up-and-coming area with new construction sites nearby. Ready for a quick renovation or tear it down to build a larger building for even better rentals and returns. Buyer to cooperate with Seller's 1031 Tax Free Exchange. See Agent Remarks for details on unit status, etc.

Price History
8/14/2020 Listed $2,700,000
9/1/2020 12% - $2,400,000

General Features

Attached Structure Attached
Community Features Curbs, Sidewalks, Urban
Directions 405 Fwy, exit Santa Monica Blvd. Turn Right on Sepulveda. Left on Olympic Blvd. Right on South Orange Grove.
Flooring Wood
Garage Spaces 5.00
HOA Fee 0.00
Heating Wall Furnace
Interior Features Ceiling Fan(s)
Levels Two
Listagentaor Southland
Listing Agent Pat "Ziggy" Zicarelli - BRE#00559382
Listing Agent State License 00559382
MLS Area C19 - Beverly Center-Miracle Mile
Parking Features Garage Faces Rear
Pool Features None
Price Per Square Foot 414.15
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 6
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Heating Y/N Yes
Laundry Features Gas Dryer Hookup, Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 5795.00
Lot Features Landscaped, Lawn, Yard
Lot Size Acres 0.1736
Lot Size Area 7561.0000
Lot Size Source Assessor
Lot Size Square Feet 7561.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Numberofrentedgarages 3
Parking Y/N Yes
Road Frontage Type City Street
Road Surface Type Paved
Total Parking 5.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90019

Price
AVG $1.85M
$2.4M
Visits
AVG 35
92
Year Built
AVG 1932
1933

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