$2,175,000
351 N Orange Grove Avenue, Los Angeles CA 90036
Multi-Family (4 Units)
Property type
95 days
On market
$363
Price per sqft
5 cars
Garage
1928
Year built
6,373 sqft
Lot size
Home highlights
Open Houses
Overview
We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is...
Listing provided by: Vangelis Korasidis DRE #01222626 310-247-1500, Coldwell Banker Realty
Listing updated: Mar 31, 2026 at 05:03pm.
Last checked: Jun 13, 2026 at 11:00am
Source: CRMLS #26664183
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,812 | $2,812 | $3,600 | Unfurnished |
| 2 | 2 | 1 | — | $1,823 | $1,853 | $3,600 | Unfurnished |
| 3 | 2 | 1 | — | $2,065 | $2,065 | $3,600 | Unfurnished |
| 4 | 2 | 1 | — | $2,293 | $2,293 | $3,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
20.1x
List Price / Annual Gross Rent
Cap Rate
3.48%
NOI / List Price
Net Operating Income: $75,794
Interior
Heating: Central, Forced Air
Appliances: Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: One
Garage and Parking
Parking: Covered
Garage Spaces: 5
Garage: Detached
Parking Total: 5
Lot Information
Land Lease: No
Parcel #: 5527037010
Zoning: LAR3
Community
HOA: No
Senior Community: No