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$1,750,000   Price Analysis
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351 N Orange Grove Ave
Los Angeles, CA 90036
8 bed 4 bath 5,985 SqFt ($292/SqFt)
6,373SqFt lot. Built 1928
Listed 2024-07-09, Taxes $2,570
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

The Offering is a charming Four Plex situated in Fairfax District Adjacent to West Hollywood and Hancock Park.

This premier location has an excellent Walk Score of 91! Within Clse Proximity to an array of Grocery, Fine Dining, Shopping and Entertainment Options. There is an excellent unit mix consisting of Four 2 Bedroom / 1 Bathroom Units for a total of 5, 985 SF.

All units are equipped with Washer and Dryers. There is approximately 60%Upside in Market Rents w hich presents a attractive Value Add Investment Opportunity for a Savvy Investor to acquire a well maintained property in an Ultra-Prime Location.


Presented by Michael Monempour at
Lyon Stahl Investment Re, Inc.


Property MLS #24-412885 from TheMLSCLAW

Bedrooms: 8

Total Bathrooms: 4
Full Bathrooms: 4

Laundry Facilities: In Kitchen
Laundry Features: In Kitchen

Lot Size Acres: 0.1463039
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6373

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3495, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3495, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 3495, 4 BedsTotal: 2, 4 BathsTotal: 1, 4 SquareFeet: 3495

Source Listing Status: Active
County: Los Angeles
Directions: East of Fairfax Avenue, West of Genesee, North of Melrose Ave & South of Beverly Blvd
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Parcel Number: 5527-037-010
Postal Code Plus 4: 2147
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$90,306 + $66,506
$156,812
$2,570
2021$88,536 + $65,202
$153,738
$2,500
2020$87,629 + $64,534
$152,163
$2,513
2019$85,911 + $63,269
$149,180
$2,439
2018$84,227 + $62,029
$146,256
$2,315
2017$82,576 + $60,813
$143,389
$2,277
2016$80,957 + $59,621
$140,578
$2,152
2015$79,741 + $58,726
$138,467
$2,127
2014$78,179 + $57,576
$135,755
$2,163
2013$77,826 + $57,316
$135,142
$2,157
2012$76,300 + $56,193
$132,493
$2,186
2010$74,804 + $55,092
$129,896
$2,184
2009$74,422 + $54,811
$129,233
$2,102
2009$74,245 + $54,681
$128,926
$2,102
2008$72,963 + $53,737
$126,700
$2,033
2007$71,533 + $52,684
$124,217
$1,944

Listed 2024-07-09
$1,750,000
TheMLSCLAW

Net Operating Income: 60938

Total Square Feet Living: 5985
Year Built: 1928
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 96
Year Built Source: Vendor Enhanced

Fairfax Senior High School is a public high school located approximately 0.4 miles away.
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Laurel Elementary School is a public elementary and middle school located approximately 0.7 miles away.
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Perutz Etz Jacob Hebrew Academy is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.