Located in one of the hottest areas of Los Angeles. Walk to LACMA, Peterson Automotive Museum and minutes from the Grove marketplace. The new "Purple Line Subway" is at the corner of Orange Grove and Wilshire. A, charming Spanish duplex that is perfect for an owner user/ investor or developer. (A)Owner-user, one unit is vacant collect rents from the occupied unit. (B)Developer-LAR3 6,600 sq ft; (lot 55 x 120 D), no (Q) conditions, build-to-max allowed under LAR3 zoning.(C) Investor, some of the highest rents in Los Angeles are trending in the newly build 739 and 739 Ogden apartments located down the street from the subject property. A slight renovation and bring the rents to a market of $3.75 to $4.00 per sq ft. Two large garages, the property is very utilized each duplex with its own yard.
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, Listed on
STEVEN D. ITO, License# 01064125,
COLDWELL BANKER RESIDENTIAL BROKERAGE
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This 4 bedroom Multi-Family home
for sale in Los Angeles, CA
is currently listed for $1,795,000.
Featuring a lot size of 6,034 Sq. Ft.,
840 S Orange Grove Ave
was built in 1924 and
has been on ERA.com for 5 days.
This listing is provided courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE.
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