Restored Historic Multifamily
New
For Sale
$5,400,000
1047 S Orange Grove Ave, Los Angeles, CA 90019
The property includes one- and two-bedroom apartments, with central air conditioning and in-unit laundry in seven renovated units.
Property Size11,880 SF
Days on Market6
Property Features for 1047 S Orange Grove Ave
General Information
Standard status
Active
Size
11,880 SF
Property subtype
MULTI_FAMILY
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Building Details
Building Size
11,880 SF
Year Built
1933
Listing Agency:
CB Richard Ellis, Inc.
Listed By:
Adam Peterson · License #01815802
(310) 954-7031
Source:
Rochellemaize
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 11:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CB Richard Ellis, Inc.
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Investment Insights
Based on property information with market context.
Built in 1933, this multifamily property comprises generously sized one- and two-bedroom apartments. Seven units have been renovated with updated kitchens and bathrooms, refinished hardwood floors, restored architectural details, and in-unit washer and dryers. Property improvements also include central air conditioning, a 600-amp electrical service, updated plumbing, braced foundations, and restored garages. Gas and electricity are separately metered. Select apartments have private patios, and the property has landscaped shared outdoor areas.
The property is on S. Orange Grove Ave. in Los Angeles, near Fairfax Avenue, Museum Row, The Grove, and the Farmers Market. Wilshire/Fairfax and Wilshire/La Cienega Metro stations are nearby. Grocery stores and restaurants are within walking distance.
The property is on S. Orange Grove Ave. in Los Angeles, near Fairfax Avenue, Museum Row, The Grove, and the Farmers Market. Wilshire/Fairfax and Wilshire/La Cienega Metro stations are nearby. Grocery stores and restaurants are within walking distance.
Key Highlights
- Built in 1933
- Seven renovated apartments feature new kitchens and bathrooms, hardwood floors, period details, and in‑unit washer/dryers
- Central air conditioning and 600‑amp electrical service
Property Analytics
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,935
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - The property includes one- and two-bedroom apartments, with central air conditioning and in-unit laundry in seven renovated units.
Where is this multifamily property located?
The property is located at 1047 S Orange Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Built in 1933; Seven renovated apartments feature new kitchens and bathrooms, hardwood floors, period details, and in‑unit washer/dryers; Central air conditioning and 600‑amp electrical service
