928 1/2 South Orange Grove Avenue

Los Angeles, CA 90036

$1,825,000
Last Sold Price
8
Beds
4
Baths
5,395 Sq. Ft.
$338 / Sq. Ft.
5,395
Sq. Ft.
$338
per Sq. Ft.

Description

Classic 1920s Los Angeles Mediterranean Style 4-Plex located in prime Miracle Mile. 3 of 4 units will be delivered vacant. Perfect for both owner-user or investor. Each spacious unit is approximately 1,300 sf and features a large living room, formal dining room, 2 generous sized bedrooms, 1 full bathroom, and individual laundry areas. Arched entryways, wooden beams, decorative fireplaces, and hardwood floors exude classic Los Angeles charm. Detached garage with 3 individual 1 car parking spaces and...Classic 1920s Los Angeles Mediterranean Style 4-Plex located in prime Miracle Mile. 3 of 4 units will be delivered vacant. Perfect for both owner-user or investor. Each spacious unit is approximately 1,300 sf and features a large living room, formal dining room, 2 generous sized bedrooms, 1 full bathroom, and individual laundry areas. Arched entryways, wooden beams, decorative fireplaces, and hardwood floors exude classic Los Angeles charm. Detached garage with 3 individual 1 car parking spaces and additional parking on driveway. Close to The Grove, Beverly Center, Museum Row, and many popular restaurants & shopping.
  1. Listed by David Lee Ruest • DRE #02045144 • Brokerage DRE #00625769 • Compass
  2. Listed by Johnny Cho • DRE #01394690 • Brokerage DRE #00625769 • Compass

Property Details for 928 1/2 South Orange Grove Avenue

Zoning
LAR3
Parcel Number
5086012010
Total Units
4.0
Living Area
5395
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
75%
Lot Size Area
6143

Location

Listing Courtesy of Compass, David Lee Ruest, DRE #02045144; Compass, Johnny Cho, DRE #01394690

Sold By S C Real Estate, Vincenzo Altamura, DRE #01901957

Add your commute
LISTING UPDATED: 12/28/2021 04:39 PM

Property Details for 928 1/2 South Orange Grove Avenue

StatusSold
MLS #20-583002
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.14 AC / 6,143 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, David Lee Ruest, DRE #02045144; Compass, Johnny Cho, DRE #01394690

Sold By S C Real Estate, Vincenzo Altamura, DRE #01901957

Add your commute

Building Information for 928 1/2 South Orange Grove Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.14 AC / 6,143 SF

Payment Calculator

$9,960 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,960

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 928 1/2 South Orange Grove Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2+1
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $122,964
  • Net Operating Income: $84,624.00
  • Gross Income: $122,964
  • Cap Rate: 4.03%
  • Gross Rent Multiplier: $17.08
  • Total Annual Expense: 38340
  • Water Expense: $4,500.00
  • Other Expense: $1,000.00
  • Tax Expense: $25,200
  • Gardener Expense: $1,200
  • Expense Licenses: $240.00
  • Insurance Expense: $2,200
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 6143
  • Geocode Override: 0.0
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete, Garage Is Detached
  • Total Parking: 4
  • Parking Features: Concrete
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-28-2020
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,397.00
  • Unit Actual Rent: $1,397.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,950.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $100,923.00
  • Assessed Land Value: $165,624.00

Schools near 928 1/2 South Orange Grove Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carthay Center Elementary
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Lee Ruest, DRE #02045144; Compass, Johnny Cho, DRE #01394690

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.