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Listing Courtesy Of: Lyon Stahl Investment Real Estate, Inc., 310-425-9838, Michael Kamara
Local Realty Services Provided By: Keller Williams Realty Hollywood Hills
US / CA / Los Angeles / Fairfax Village / 448 N Orange Grove Ave
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US / CA / Los Angeles / Fairfax Village / 448 N Orange Grove Ave
448 N Orange Grove Ave, Los Angeles, CA 90036
8 Beds
4 Baths
sq ft
ac
US / CA / Los Angeles / Fairfax Village / 448 N Orange Grove Ave

448 N Orange Grove Ave, Los Angeles, CA 90036

Estimation provided by Keller Williams Realty, LLC.
8 Beds
4 Baths
sq ft
ac
Active
For Sale
Open House:
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Property Description

448 N Orange Grove Ave, a well-maintained 4unit apartment building located in the heart of the Fairfax District of Los Angeles, CA. Built in 1929, the property consists of (4) two-bedroom + one-bathroom units. 2/4 Units will be delivered vacant upon the COE. The building is 5,326 gross square feet and sits on a 6,000 square foot lot.Situated on a peaceful, tree-lined street, this classic Spanish-style building offers character-rich architecture with spacious floor plans, hardwood floors, and original details. The property also includes shared outdoor areas and on-site parking.With a WalkScore of 96, 448 N Orange Grove Ave is ideally located just minutes from some of LA's most iconic destinations, including The Grove, the Original Farmers Market, Pan Pacific Park, and a wide variety of dining, shopping, and entertainment options along Fairfax, Melrose, and Beverly. Positioned between West Hollywood and La Brea, the Fairfax District continues to be one of the most vibrant and sought-after neighborhoods in Los Angeles.448 N Orange Grove Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.45% with the ability to improve to a 4.74% CAP rate once units turnover.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1929
Days on Site
41 Days
Parking
5 Parking Spaces
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Activity History

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Nearby Schools

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Car-Dependent Walkable Very Walkable
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