$2,200,000

1010 N Orange Grove Ave West Hollywood, CA 90046

Estimated payment $13,921/month

Total Views 800
9 Beds
9 Baths
5,319 Sq Ft
$414 Price per Sq Ft

About This Home

1010 N Orange Grove Ave is a rare 8-unit offering in the heart of West Hollywood, one of LA's most in-demand rental markets. With below-market rents and a solid mix of (1) studio, (6) 1-bed/1-bath units, and (1) 2-bed/1.5-bath unit, the property offers great upside potential. It appeals to an economically stable renter base working in nearby areas like Hollywood and Beverly Hills. The building has seen recent updates, including interior renovations and exterior improvements, cutting down on maintenance and boosting curb appeal. Just steps from the Sunset Strip and Melrose Ave, tenants enjoy walkable access to some of LA's best dining, shopping, and nightlife making this a strong long-term investment opportunity.

Listing Agent

tony azzi

Tony Azzi License #00910513 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Interior Spaces

  • 5,319 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 7 Car Attached Garage
  • Driveway

Additional Features

  • 6,519 Sq Ft Lot
  • City Lot
  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 8 Units
  • Vacancy Allowance $5,300

Listing and Financial Details

  • Assessor Parcel Number 5530-013-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: 1010 N Orange Grove Ave is a rare 8-unit value-add opportunity in prime West Hollywood. The property features a strong unit mix of (1) studio, (6) 1-bed/1-bath units and (1) 2-bed/1.5-bath unit, with in-place rents significantly below market. Recent interior and exterior upgrades reduce near-term maintenance and enhance curb appeal. Located steps from the Sunset Strip and Melrose Ave, tenants enjoy walkable access to premier dining, shopping, and nightlife. Attracts a stable, professional tenant base working in nearby job hubs like Hollywood and Beverly Hills. Ideal for investors seeking long-term growth in a high-demand, supply-constrained submarket.
  • Living Area: 5319
  • Lot Acreage: 0.1503
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 9
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 413.61

Exterior Features

  • Other Structures: Other
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Attached
  • Total Parking: 7

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 9.20
  • Assessed Improvement Value: 208080
  • Assessed Land Percent: 90.8
  • Assessed Land Value: 2054790
  • Total Assessed Value: 2262870
  • Assessor Parcel Number: 5530-013-016
  • Lot Location: City
  • Lot Size Area: 6519

Rental Info

  • Total Actual Rent: 14723.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.45
  • Number Of Units: 8
  • Total Annual Expense: 65686
  • Type Of Units: Standard
  • Vacancy Allow: 5300
  • Vacancy Rate: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $2,200,000 -- $414 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25570913

The MLS