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1522 S Orange Grove Ave
Los Angeles, CA 90019
Villas at Orange Grove · Multifamily Property For Sale · 17 Units

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.32 AC
Building Size 22,354 SF
Average Occupancy 94%
No. Stories 3
Year Built 2018
Parking Ratio 1.52/1,000 SF
Zoning [Q] R3-1-O - Limited Density Multiple Residence

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Granite Countertops
  • Ice Maker
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Dining Room
  • Double Pane Windows
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Property Manager on Site
  • Gated
  • Gas Range
  • Package Service
  • Roof Terrace
  • Bicycle Storage
  • Car Charging Station
  • Elevator
  • Lounge
  • Sundeck

ABOUT 1522 S ORANGE GROVE AVE , LOS ANGELES, CA 90019

JLL Capital Markets has retained the exclusive listing for Villas at Orange Grove, a newly constructed luxury 17 unit apartment building in the heart of one of Los Angeles' most desired neighborhoods. Built in 2019, this luxury offering consists of a mix of 11 two bedroom units ranging in size from 1,042 to 1,171 Sf and 6 3 bedroom units ranging in size from 1,148 SF to 1,482 SF. All the units feature high ceilings, recessed lighting, Milgard windows and sliding doors, stainless steel appliances, in-unit washer/dryers, solid wood doors, quartz countertops, tankless water heaters and much more. The 6 units on the 1st floor all feature large, private walkout patios, with two in the front featuring both a balcony off the living rood and a private patio off of the both bedrooms. Units on the 3rd floor feature sweeping view of Century City and Miracle Mile to the West and Downtown and Hollywood to the East. The building features a finished rooftop deck with 360 degree views of all of Los Angeles, from Century City to the Hollywood Sign, Downtown, Griffith Observatory and Cumulus. The subterranean garage features 34 tandem parking spaces, allowing for 2 parking spots per unit, as well as two electric car charging stations and a bike storage room. The building is separately metered for gas, electricity and water, with each unit having its own tankless water heater, keeping the building expenses low. The building also features a 3rd floor recreation room complete with kitchen and bath, which can be used as a building amenity, offering residents a co-working space, workout room or whatever new owner finds most beneficial.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 11 $4,401 1,042 - 1,171
3+2 5 $4,788 1,360 - 1,482
3+3 11 $5,046 1,148

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5068-026-030
Land Assessment
$9,733,448
Improvements Assessment
$3,827,760
Total Assessment
$13,561,208
  • Listing ID: 17482346

  • Date on Market: 10/17/2019

  • Last Updated:

  • Address: 1522 S Orange Grove Ave, Los Angeles, CA 90019

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