Active
$3,000,000
9%
11 Units
12 Beds
16 Baths
8,735 Area(sq.ft.)
Lot: 6,436 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 2,707 | $ 2,797 | $ 3,200 |
| Unit 2 | 4 | 2 | 2 | No | $ 2,130 | $ 8,519 | $ 11,600 |
| Unit 3 | 3 | 1 | 1 | No | $ 1,949 | $ 5,847 | $ 7,500 |
| Unit 4 | 3 | studio | 1 | No | $ 1,241 | $ 3,722 | $ 6,300 |
| 11 | 14 | 16 | $ 20,797 | $ 65,580 | $ 91,000 |
| MLS #: | 25535609 |
| Days On Market: | 213 |
| Listing Date: | May 7, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 343 |
| Price per unit: | $ 272,727 |
| Year Built: | 1961 |
Property Details
$300,000 PRICE ADJUSTMENT. Under 12x GRM and 5.35 CAP! We are pleased to present for sale a timeless mid-century gem located in the prestigious Westside enclave of West Hollywood. 936 N Orange Grove Avenue, available for the first time in over 20 years, represents the unique opportunity to acquire a quintessential value-add property situated in one of the strongest rental markets in Los Angeles. The property boasts an ideal unit mix for the area. Each of the units is large, has a terrific floor plan, and offers an abundance of natural light. Other property features include a well landscaped facade, an on-site laundry facility, and ample on-site parking. Close to some of Los Angeles' best dining, retail, and nightlife along Sunset Blvd and Santa Monica Blvd, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 251,761 |
| Total Annual Expense: | $ 83,629 |
| Net Operating Income: | $ 160,613 |
| Gross Annual Income: | $ 250,614 |
| Cap Rate: | 5.35% |
| Gross Rent Multiplier: | 11.92 |
Structure
| Type of Units: | 3,2,1,S |
| Buildings: | 1 |
| Levels: | One |
Land & Parking
| Zoning: | WDR3C* |
| Parking Garage: | Assigned, Gated |
Interior
| AC/Cooling: | Other |
| Equipment: | None |
| Heating: | Wall |
Exterior
Detailed Map
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Income
