1001 N Orange Grove Avenue

    West Hollywood, CA 90046
    • $4,000,000
    • STATUS: Closed
    • ON SITE: 164 days
    • ID#: 18351520
    Sold - 10/05/2018
    $4,000,000
    SOLD - 10/05/2018
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,534
      SQFT
    • $420
      $/SQFT
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    FIRST TIME ON THE MARKET IN OVER 45 YEARS!Located in prime West Hollywood between Santa Monica Boulevard and Melrose Avenue and between Crescent Heights Boulevard and La Brea Avenue. This location is one of the most desirable areas of West Hollywood, known for its great walkability with a walk score of 95 and a 60 transit score. From this location tenants can walk to the world famous Sunset Strip and the hip and trendy Santa Monica Boulevard with many places for shopping, dining, entertainment and nightlife. Despite being very accessible to everything West Hollywood has to offer, 1001 N Orange Grove is located in a very quiet neighborhood. This location is also serviced by severalhighly-rated public schools, such as Laurel Elementary School and Fairfax High School, both about a half mile away. The subject property is a two-story apartment building constructed in 1958, with 9,534 square feet of improvements and sits on a 6,171-square foot corner lot.

    Sold by Richard Ringer of Richard J. Ringer Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/84293511

    1001 N Orange Grove Avenue West Hollywood, CA 90046

    • Price: $4,200,000
    • Status: Closed
    • Updated: 62 min ago
    • ID#: 18351520
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    9,534
    SQFT
    $420
    $/SQFT
    1958
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    FIRST TIME ON THE MARKET IN OVER 45 YEARS!Located in prime West Hollywood between Santa Monica Boulevard and Melrose Avenue and between Crescent Heights Boulevard and La Brea Avenue. This location is one of the most desirable areas of West Hollywood, known for its great walkability with a walk score of 95 and a 60 transit score. From this location tenants can walk to the world famous Sunset Strip and the hip and trendy Santa Monica Boulevard with many places for shopping, dining, entertainment and nightlife. Despite being very accessible to everything West Hollywood has to offer, 1001 N Orange Grove is located in a very quiet neighborhood. This location is also serviced by severalhighly-rated public schools, such as Laurel Elementary School and Fairfax High School, both about a half mile away. The subject property is a two-story apartment building constructed in 1958, with 9,534 square feet of improvements and sits on a 6,171-square foot corner lot.
    Exterior Features

    Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.11 Gross Multiplier 15.54 Gross Operating Income 172785.00 Improvements Amount 236585 Land Value 62713 Laundry YN Yes Net Operating Income 172774.00 Special Listing Conditions Standard Total Expenses 92084.00 Zoning Wdr3c*

    Listing provided courtesy of Richard Ringer of Richard J. Ringer Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-17T07:31:47.517. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Impact Real Estate
    28693 Old Town Front St #300-C
    Temecula CA, 92590