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 situated on a 6,373 sq ft lot. This property includes two spacious 2-bedroom, 1-bathroom unit downstairs, and two large 2-bedroom, 1-bathroom units upstairs, each approximately 1,500 sq ft. A key highlight is the full potential of the property for renovations enabling investors to realize the property’s full income potential after their renovation is completed. The asset benefits from its designation within an HPOZ (Historic Preservation Overlay Zone), offering potential tax advantages, and also benefits from favorable R3 and TOC zoning, depending on HPOZ restrictions (buyer to verify). 351 N Orange Grove is optimally located just north of Beverly Blvd and The Grove, in the heart of Miracle Mile – an area renowned for its cultural, dining, and shopping amenities. With a Walk score of 92, the neighborhood is a veritable "walker’s paradise", offering residents an array of nearby conveniences and an outstanding quality of life. It’s approximately 1/2 mile from The Grove, LA’s premier shopping and dining destination, featuring a mix of high-end retailers and unique boutiques, alongside world-class dining options, offering a desirable lifestyle for potential tenants. Just a block away from CBS studios. This property, with its historic charm, substantial square footage, zoning advantages, and superior location, offers an exceptional investment opportunity to maximize income potential and capital appreciation in the highly coveted Miracle Mile area.
Property Details
Price:
$2,295,000
MLS #:
25534539
Status:
Active
Baths:
0
Address:
351 N Orange Grove Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
May 5, 2025
State:
CA
ZIP:
90036
Lot Size:
6,373 sqft / 0.15 acres (approx)
Year Built:
1928
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Refrigerator
Heating
Forced Air
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address351 N Orange Grove Avenue Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90036
Similar Listings Nearby
- 1243 S Catalina Street
Los Angeles, CA$2,950,000
4.28 miles away
- 1339 S Hudson Avenue
Los Angeles, CA$2,950,000
2.30 miles away
- 648 N Hayworth Avenue
Los Angeles, CA$2,950,000
0.38 miles away
- 3631 Motor Avenue
Los Angeles, CA$2,900,000
4.56 miles away
- 5737 Lexington Avenue
Los Angeles, CA$2,900,000
2.83 miles away
- 741 S Curson Avenue
Los Angeles, CA$2,900,000
1.16 miles away
- 2821 San Marino Street
Los Angeles, CA$2,900,000
4.34 miles away
- 1111 S Crescent Heights Boulevard
Los Angeles, CA$2,900,000
1.60 miles away
- 6018 Comey Avenue
Los Angeles, CA$2,900,000
3.12 miles away
- 119 S Rampart Boulevard
Los Angeles, CA$2,899,000
4.79 miles away

351 N Orange Grove Avenue
Los Angeles, CA
LIGHTBOX-IMAGES