For Sale – 1450 S Orange Grove Ave

Overview

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Description

Rosano Partners is pleased to present the opportunity to acquire a triplex located in the Pico neighborhood in Mid-City. Built in
1940, the subject property offers a unit mix of all one-bedroom one-bathroom units. Gas and electricity are separately metered
while water is mastered. The construction is made up of stucco and wood-frame. Rehab to one unit includes new flooring, granite
counter tops, windows, and bathroom updates. Developers take note that this property is zoned R3 on a 7,125 square foot lot
with up to 9 buildable units. Buyer must verify all information.

Location Features
The subject property is situated on 1450 S. Orange Grove Avenue near the intersection of S. Fairfax Avenue and W.
Pico Boulevard. Being less than a mile from many schools, restaurants, and entertainment options, tenants will benefit
from the local offerings and transportation.


Managing Agent

Edward G. Caballero

Senior Associate, Multi-Family Investment Sales
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