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Remodeled Five-Unit Apartment Building
For Sale
$2,195,000

1206 N Orange Grove Ave, Los Angeles, CA 90046

Spanish-style architecture and separate utility meters distinguish this multifamily property in West Hollywood.

Property Size3,846 SF
Price / SF$570.72
Days on Market14

Property Features for 1206 N Orange Grove Ave

General Information

Standard status Active
Size 3,846 SF
Property subtype MULTI_FAMILY
Net Operating Income $108,272

Financials

Asking Price $2,195,000
Cap Rate 5%
Gross Income $169,800

Site & Location

Neighborhood Carthay

Units

Unit Mix 2 x 1BR/1BA, 3 x 2BR/1BA
Multifamily Units 5
Individually Metered Utilities unspecified utilities

Additional Details

Tenant in Place Yes

Building Details

Building Size 3,846 SF
Year Built 1921
Listing Agency: Dana Brody
Listed By: Dana Brody · License #01429001
Source: Condosalesexperts
Added: Oct 13 Changed: Oct 26 Last Checked: Oct 26 at 1:29PM

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 Dana Brody

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Investment Insights

Based on property information with market context.

This 3,846-square-foot apartment building, constructed in 1921, contains five remodeled residences. The unit mix comprises two one-bedroom, one-bathroom apartments and three two-bedroom, one-bathroom apartments. The exterior has Spanish-style detailing, and utilities are separately metered.

Whole Foods Market is within walking distance, with dining and shopping along Santa Monica Boulevard and Fairfax Avenue nearby. The property also offers access to the Sunset Strip, Beverly Grove, and surrounding West Hollywood and Hollywood neighborhoods.

Key Highlights

  • Five remodeled apartments: two one‑bedroom/one‑bathroom units and three two‑bedroom/one‑bathroom units
  • 3,846 square feet; built in 1921
  • Separately metered utilities

Property Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

4,955
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Spanish-style architecture and separate utility meters distinguish this multifamily property in West Hollywood.
Where is this apartment building located?
The property is located at 1206 N Orange Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Five remodeled apartments: two one‑bedroom/one‑bathroom units and three two‑bedroom/one‑bathroom units; 3,846 square feet; built in 1921; Separately metered utilities
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