Los Angeles, CA 90036,351 N Orange Grove AVE
Los Angeles, CA 90036,351 N Orange Grove AVE
Los Angeles, CA 90036,351 N Orange Grove AVE
19
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$2,250,000
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8 Beds
4 Baths
5,985 SqFt
Active Under Contract

351 N Orange Grove AVE Los Angeles, CA 90036

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Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,985 sqft

Price per Sqft $375

MLS Listing ID 26638943

Bedrooms 8

HOA Y/N No

Year Built 1928

Lot Size 6,372 Sqft

Property Description

We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is situated on a 6,373 sq ft lot. This property includes two spacious 2-bedroom, 1-bathroom unit downstairs, and two large 2-bedroom, 1-bathroom units upstairs, each approximately 1,500 sq ft. A key highlight is the full potential of the property for renovations enabling investors to realize the property's full income potential after their renovation is completed. The asset benefits from its designation within an HPOZ (Historic Preservation Overlay Zone), offering potential tax advantages, and also benefits from favorable R3 and TOC zoning, depending on HPOZ restrictions (buyer to verify). 351 N Orange Grove is optimally located just north of Beverly Blvd and The Grove, in the heart of Miracle Mile - an area renowned for its cultural, dining, and shopping amenities. With a Walk score of 92, the neighborhood is a veritable "walker's paradise", offering residents an array of nearby conveniences and an outstanding quality of life. It's approximately 1/2 mile from The Grove, LA's premier shopping and dining destination, featuring a mix of high-end retailers and unique boutiques, alongside world-class dining options, offering a desirable lifestyle for potential tenants. Just a block away from CBS studios. This property, with its historic charm, substantial square footage, zoning advantages, and superior location, offers an exceptional investment opportunity to maximize income potential and capital appreciation in the highly coveted Miracle Mile area. Motivated seller!

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Central, Forced Air

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Covered

Garage Spaces 5.0

Garage Description 5.0

Total Parking Spaces 5

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5527037010

Special Listing Condition Standard


CRMLS – RECore
Listed by Vangelis Korasidis Coldwell Banker Realty

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    West Hollywood Elementary

    Public | KG - 5

  • 10

    Wonderland Avenue School

    Public | KG - 5

  • 9

    Beverly Vista School

    Public | KG - 8

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 9

    Horace Mann School

    Public | KG - 8

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 8

    Hawthorne School

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 7

    Gardner Street Elementary

    Public | PK - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 5

    Shenandoah Street Elementary School

    Public | KG - 5

Middle Schools 15
  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

  • 0

    Pacific Hills School

    Private | 6 - 12

  • 0

    West Hollywood Opportunity

    Public | 7 - 12

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    The Episcopal School of los Angeles

    Private | 6 - 9

  • 0

    Marlborough School

    Private | 7 - 12

High Schools 18
  • 7

    Fairfax High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 0

    Yula Boys High School

    Private | 9 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Whitman Continuation

    Public | 9 - 12

  • 0

    Shaarei Torah California Rabbinical College

    Private | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

  • 0

    Bnos Devorah High School

    Private | 9 - 11

School and business data provided by Attom Data.

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Kimber Wuerfel

Kimber Wuerfel

Team Leader | License ID: 01314386

+1(714) 812-9155

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351 N Orange Grove AVE