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    937 N Orange Grove Ave

    West Hollywood, CA 90046
    • $2,900,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 20-598872
    UPDATED: 40 min ago
    $2,900,000
    • 13
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,953
      SQFT
    • $487
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    The property features 5,953 square feet of gross rentable area, situated on a 6,434-square foot lot. The nine-unit building is composed of two studio/one-bedroom units, six one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit.The building is well-maintained and offers gated secured entry and on-site parking for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just south of Santa Monica Boulevard, sandwiched between Farifax Avenue to the west and Ogden Drive to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles.Due to the propertys premier location and rental upside, 937 North Orange Grove Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in West Hollywood.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-07T10:42:30.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/107488689
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    937 N Orange Grove Ave West Hollywood, CA 90046

    • Price: $2,900,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: 20-598872
    13
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,953
    SQFT
    $487
    $/SQFT
    1957
    Built
    Neighborhood:
    West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity
    Property Description
    The property features 5,953 square feet of gross rentable area, situated on a 6,434-square foot lot. The nine-unit building is composed of two studio/one-bedroom units, six one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit.The building is well-maintained and offers gated secured entry and on-site parking for tenants. The property is situated in one of the trendiest locations in Los Angeles, sitting just south of Santa Monica Boulevard, sandwiched between Farifax Avenue to the west and Ogden Drive to the east. This prime location offers a tremendous amount of dining, shopping and entertainment destinations in walking distance to the property, while being a short commute of major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles.Due to the propertys premier location and rental upside, 937 North Orange Grove Avenue offers a unique opportunity to any investor looking to acquire a well-maintained asset in West Hollywood.
    Exterior Features

    Lot Size Area 6434 Other Structures None Parking Garage AssignedCovered Parking Total Parking 6

    Interior Features

    Baths Total 10.00 Cooling Window Unit(S) Equipment None Heating Wall

    Property Features

    Assessed Total Value 886762 Gross Income 189504 Gross Operating Income 185828 Like Units1 2 Like Units2 6 Like Units3 1 Net Operating Income 125168.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 60660 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Wdr3c*

    Listing provided courtesy of Tony Azzi DRE#00910513 of Tony Azzi.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-07T10:42:30.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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