Open House Sun, Oct 1st 02:00 PM - 05:00 PM
Listed By:
Jill Epstein with Nourmand & Associates-BH;
924 S Orange Grove Avenue, Los Angeles, CA
$ 2,495,000
Property Attributes
  • MLS#23311577
  • TypeIncome
  • CityLos Angeles
  • AreaBeverly Center-Miracle Mile
  • Zip90036
  • StyleTraditional
  • Price$ 2,495,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5395
  • Lot Size6,025 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Pride of ownership fourplex in the desirable Miracle Mile area. The building consists of four "house like" two bedroom, one bath apartments. Two lower units will be delivered vacant and two upper units are on month to month leases. The Upper units have private patios, the lower units have French doors that open to a private yard. Each apartment has a washer/dryer in the unit and two of the units have dishwashers. One of the lower units has an additional powder room. All the units are light and bright and have high ceilings. The current owners opened the center hallway in the two lower units to create one very large spacious Home. Everything was kept in tack so all that is needed is a wall to put it back into two units. The backyard, which is currently used downstairs only, is beautifully landscaped with a hook up in place to install a hot tub. There was previously a fence dividing the yard so both lower units had there own private yards which could easily be created again. Property is Ideal for a family or an investor. The building next-door was converted to a tenant in common, each of those units sold for $765,000. This is a very popular area to live in or to rent. 2 minutes to LACMA and 7 to drive to Beverly Hills. The subway is under construction at Wilshire and will be available to ride soon.

Price History
9/18/2023 Listed $2,495,000

General Features

Appliances Dishwasher, Disposal, Washer
Architectural Style Traditional
Cap Rate 4.12
City Los Angeles
Cooling Wall/Window Unit(s)
County Los Angeles
Directions South of Wilshire. Just east of Fairfax
Electric Expense 2400
Gross Income 142800
Heating Gravity
Insurance Expense 3100
Levels One
Listing Agent Jill Epstein - BRE#00472171
Listing Agent State License 00472171
Lot Size Square Feet 6025
MLS Area C19 - Beverly Center-Miracle Mile
Maintenanceexpense 1608
Net Operating Income 102700
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 1
Street Name Orange Grove
Taxes 31200
Total Units 4
Year Built 1928
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Flooring Carpet, Wood
Heating Y/N Yes
Street Suffix Avenue
Total Baths 4
Total Bedrooms 8
Total Stories 2

Exterior Features

Buyer Agent Compensation 2.500
Buyer Agent Compensation Type %
Living Area 5395
Building Area Total 5395
Lot Size Acres 0.1383
Lot Size Area 6025
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Driveway, Garage, Permit Required, Tandem
Total Parking 2

Room Details

Room Dimensions Level Flooring Details
Living Room


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

Property vs Income Average in 90036

AVG $2.56M
AVG 40
Data Provided by Inside Real Estate®
Year Built
AVG 1930