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1030 N Orange Grove Ave
Los Angeles, CA 90046
1030 North Orange Grove · Multifamily Property For Sale
·
27 Units
Investment Highlights
- Attractive in-place financing that can be assumed (4.48% fixed through November 2029, 53% LTV).
- Offers investors the opportunity to increase rental income by approximately 45% on average post renovation.
- Mid-size apartment communities in West Hollywood rarely become available for purchase.
- Located in West Hollywood, one of the most desirable multifamily markets in Southern California
- Only one block from a popular stretch of Santa Monica Boulevard with countless restaurants, coffee shops, and boutique shopping.
- With a 97 walk score, 1030 North Orange Grove is a walker’s paradise – daily errands do not require a car.
Property Facts
| No. Units | 27 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 24,543 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Zoning | WDR3C* - high density residential | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 24,543 SF |
| No. Stories | 3 |
| Year Built | 1962 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | WDR3C* - high density residential |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Ceiling Fans
- Hardwood Floors
- Refrigerator
- Views
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 650 |
| 2+2 | 12 | - | 950 |
Property Taxes
| Parcel Number | 5530-013-013 | Improvements Assessment | $3,809,458 |
| Land Assessment | $5,714,188 | Total Assessment | $9,523,646 |
Property Taxes
Parcel Number
5530-013-013
Land Assessment
$5,714,188
Improvements Assessment
$3,809,458
Total Assessment
$9,523,646
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