A two-story multifamily building at 1042 n orange grove, with a green lawn, windows, and a clear blue sky in the background.

Multifamily listing

1042 n orange grove

sold in

West Hollywood

8 Units in WeHo @ 15.78 GRM & 3.81% CAP

Sold At

$

2,695,000

8

Number of Units

1957

Year Built

7,613

SF

Square Footage

6,552

SF

Lot Size

LAR3

Zoning

1042 N Orange Grove Ave, West Hollywood, CA 90046

About the Property

1042 N Orange Grove Ave consists of 4 - 2+1.5 and 4 - 1+1 large, very clean, light and bright and well kept units. Current tenants are paying below market (all tenants are on a month to month bases) leaving the new investor much room to generate additional revenue stream. Building can be delivered with 3 vacant units! Up grated plumbing and has been bolted to the foundation. 6 covered parking (possibly 7 per owner), on-site laundry facility. Steps away from restaurants and shops.

8

Number of Units

1957

Year Built

7,613

SF

Square Footage

6,552

SF

Lot Size

LAR3

Zoning

1042 N Orange Grove Ave.
WeHo / Beverly Hills

Listed Price

$

Number of Units

8 Units

Price per. Unit

$336,875

Bldg. Size

7,613 SF

Price per Foot

$354

Lot Size

6,552 SF

Year Built

1957

Current CAP

3.81%

Market CAP

6.08%

Zoning

LAR3

Download the OM to view Property Highlights, Financials & Sales Comparables

Price P/ Unit

$336,875

Price p/ Sq. ft.

$354

Proforma Cap Rate

6.08%

Contact

Sales agent

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628