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1217 S Orange Grove Avenue
USD 2,400,000
Property ID: 25481593
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1217 S Orange Grove Avenue ,90019
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icon 7115 SqFt
icon Built in 1959
icon USD 337/SqFt
icon 9 Beds
icon 9 Full
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Location
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Interior Details
Bedrooms
9
Bathrooms
9
Interior Size
5983
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1959
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Detailed Introduction Of This Home
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale 1217 South Orange Grove Avenue, a seven-unit apartment community located in Carthay Square. The subject property is situated just south of Olympic Boulevard and East of Fairfax Avenue within the Miracle Mile submarket - a highly desirable pocket of Los Angeles. Situated on a 7,115 square foot parcel, the property consists of one bachelor unit, three one-bedroom units and three two-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 28% remaining rental upside through unit renovations. The surrounding area, combined with the value-add potential for a new owner to renovate the remaining units and achieve enhanced future returns, makes 1217 South Orange Grove Avenue a compelling acquisition opportunity.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1217 S Orange Grove Avenue
USD 2,400,000 9 Beds
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