
Closed Listing
8 Units in WeHo @ 15.78 GRM & 3.81% CAP
1042 n orange grove
sold in
West Hollywood
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.
1042 N Orange Grove Ave.
WeHo / Beverly Hills
Offering Price
$2,695,000
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
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$336,875
Price p/ Sq. ft.
$354
Proforma Cap Rate
6.08%




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