Los Angeles, CA 90036 418 N Orange Grove Avenue

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418 N Orange Grove Avenue Los Angeles, CA - Image 4418 N Orange Grove Avenue Los Angeles, CA - Image 5418 N Orange Grove Avenue Los Angeles, CA - Image 6418 N Orange Grove Avenue Los Angeles, CA - Image 7418 N Orange Grove Avenue Los Angeles, CA - Image 8418 N Orange Grove Avenue Los Angeles, CA - Image 9418 N Orange Grove Avenue Los Angeles, CA - Image 10418 N Orange Grove Avenue Los Angeles, CA - Image 11418 N Orange Grove Avenue Los Angeles, CA - Image 12418 N Orange Grove Avenue Los Angeles, CA - Image 13418 N Orange Grove Avenue Los Angeles, CA - Image 14
Presented By: Adam Peterson with CB Richard Ellis, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25525995
  • 04/16/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 5,438
  • Garage • 4

Home Details

418 N. Orange Grove Ave. is situated squarely in the epicenter of the Melrose/Fairfax district, about 3 miles east of Beverly Hills. It's known for its central location and a vibrant, youthful atmosphere. The area attracts residents seeking to be in the middle of Los Angeles' dynamic environment, with convenient access to various amenities and attractions. Ownership has lovingly cared for the property over the years, replacing all windows, electrical, and converting water supply lines to copper. The roof has been replaced and has been maintained as needed. Units feature charming, period features such as crown moldings, mosaic tile fireplaces, built-ins, murphy beds and original hardwood flooring. All four apartments offer in-unit washer and dryer as well as garage parking at the rear of the property. One downstairs unit will be delivered vacant at the close of escrow. Units are all large, 1200+ square-foot 2+1s with baseboard heating. The building is separately metered for gas and electricity with LADWP handling trash removal at the tenants' expense. Additionally, there is a small patio area next to the garages that can be easily converted to a tenant amenity area. The rear garages and parking area also offer realistic ADU potential with immediate equity available to the benefit of ownership upon completion. The area's proximity to shopping destinations like The Grove and Beverly Center, along with the numerous restaurants and entertainment options along Melrose Avenue and Fairfax Avenue, makes it attractive to renters. The presence of schools like Laurel Elementary and Fairfax Senior High School also adds to the area's appeal for families. Just one block east of Fairfax Avenue, tenants enjoy immeasurable dining, entertainment and shopping options. The walkability of the neighborhood around 418 N. Orange Grove Ave. is a significant factor in its desirability to renters. Residents can walk to grocery stores, restaurants, and other conveniences. The proximity to major transportation hubs, such as the Fairfax/Wilshire, Hollywood/Highland Metro stations, further enhances the desirability of the location for renters and owners alike, providing easy access to the wider Los Angeles area.
Presented By: Adam Peterson with CB Richard Ellis, Inc.;

Interior Features for 418 N Orange Grove Avenue

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesDecorative
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories2

General for 418 N Orange Grove Avenue

Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage No
Cap Rate4.17
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsLocated on N. Orange Grove Ave. next to Fairfax High School. Situated between Melrose Ave. & Beverly Blvd. off Fairfax Ave.
DisclosuresRentControl
Facing DirectionWest
Full Baths
Garage Spaces4.0
Garage Y/NYes
Gross Income131808.0
HOANo
HeatingBaseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6002.0
Lot Size UnitsSquareFeet
MLS AreaC19 - Beverly Center-Miracle Mile
MobileHomeRemainsYNNo
Net Operating Income83276.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity, Gas
Year Built1928
ZoningLARD1.5

Exterior for 418 N Orange Grove Avenue

Building Area Total5438.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1378
Lot Size Area6002.0
Number of Buildings2
Parking FeaturesConcrete, Covered, OneSpace
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,999,000
MLS#25525995
List Date 04/16/2025
Property Type Multi-Family
Phone 714.742.6515
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