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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 | Building Size | 22,354 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | [Q] R3-1-O - Limited Density Multiple Residence | ||
| 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 |
LINKS
PROPERTY TAXES
| Parcel Number | 5068-026-030 | Improvements Assessment | $3,827,760 |
| Land Assessment | $9,733,448 | Total Assessment | $13,561,208 |
PROPERTY TAXES
Listing ID: 17482346
Date on Market: 10/17/2019
Last Updated:
Address: 1522 S Orange Grove Ave, Los Angeles, CA 90019
The Mid-City Multifamily Property at 1522 S Orange Grove Ave, Los Angeles, CA 90019 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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