REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,450,000
Est. payment | /mo
2 Beds
5,326 SqFt
$ 2,450,000
Est. payment | /mo
2 Beds
5,326 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,326 sqft
Price per Sqft $460
MLS Listing ID CL25551145
Bedrooms 2
HOA Y/N No
Year Built 1929
Lot Size 6,002 Sqft
Acres 0.14
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Exterior
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5527029027
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Michael Kamara • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "