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House Los Angeles (United States)by annonceur international
Luxury house for sale in Los Angeles (United States) - Aerial view commercial and residential district
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HouseLos Angeles (United States)
Price :
$2,580,000
($3,977 / m²)
Surface649 m²bedrooms8 bathrooms2 land0.1 ha

Why this property will seduce you

  • Prime Miracle Mile Location: Immediate proximity to coveted retail and cultural attractions.
  • Ancillary Revenue Streams: Stable cash flow from garages and centralized laundry facilities.
Set within one of Los Angeles' most established multifamily corridors, 802 S Orange Grove Ave & 6022 W 8th St is an eight-unit asset in the Miracle Mile neighborhood. The property benefits from immediate proximity to some of the city's most sought-after retail, dining, and cultural destinations, including The Grove, The Original Farmers Market, Museum Row, the La Brea Tarpits and other attractions. The newly open Metro D line is one block away. The property consists of eight residential units complemented by six on-site garages, which provide a current separate and consistent income stream. Additionally, the asset features a centralized laundry room, further enhancing supplemental income while improving tenant convenience. The combination of in-place rental income and ancillary revenue streams offers stable day-one cash flow. From an investment perspective, the asset presents a compelling opportunity with both current income and significant future upside. New ownership can capitalize on rental growth potential, ADU development opportunities, and further optimization of garage and laundry income. With strong demand for housing in Miracle Mile and continued neighborhood growth driven by transit expansion and retail demand, 802 S Orange Grove Ave & 6022 W 8th St offers investors a well-positioned asset with meaningful long-term appreciation and income growth potential.
Advertiser reference : 116439002Le Figaro Properties reference : 103212349

Its assets

  • Garage & Parking

In detail

* : Information not provided by the advertiser

House Los Angeles (United States)

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Luxury house for sale in Los Angeles (United States) - Aerial view commercial and residential district
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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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