1253 N Orange Grove, West Hollywood, California 90046, West Hollywood, 90046 - bed, bath

1253 N Orange Grove, West Hollywood, California 90046 home-pic-0
ACTIVE$1,847,777
1253 N Orange Grove, West Hollywood, California 90046
0Bed
0Bath
2,980Sqft
6,922Lot
Year Built
1916
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
SR25158469
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros.

Exceptional Investment Opportunity in Prime West hollywood-Fairfax District. Zoned WDR3C and spanning nearly 3,000 Sq ft of living space-the only multi unit property in the area. It offers a flexible footprint for redevelopment, modern redesign, or long-term repositioning. An outstanding opportunity awaits the discerning investor or visionary homeowner. This rare property includes: . A single family residence with 3 bedrooms and 2 bathrooms . Two additional Units, each offering 2 bedrooms and 1 bathroom . Designed off- street parking for added convenience This is more than just a real estate acquisition. It is a rare chance to capitalize on the continued evolution of one of LA's most culturally significant and economically dynamic districts. Whether you are seeking long term rental income, a multi unit owner user set up, or a prime development project, this ideally positioned property offers a wealth of opportunity in an area where value and demand continue to rise. You maybe planning a design-forward renovation, exploring ground- up options, or seeking a long-term hold with strong upside, this property offers the framework for bold ideas and strategic execution. A rare chance to unlock value in a neighborhood with limited multi unit opportunities.

Condition Rating
Fair

The property was built in 1916 and the listing suggests it needs either redevelopment or redesign. The images show the exterior, which appears aged but maintained. Given the age and the description, it likely requires updates but is not in a state of disrepair, placing it in the 'fair' category.
Pros & Cons

Pros

Prime Location: Located in the highly desirable West Hollywood-Fairfax District, offering excellent access to amenities and cultural attractions.
Investment Opportunity: Zoned WDR3C, providing a flexible footprint for redevelopment, redesign, or long-term repositioning.
Multi-Unit Property: Features a single-family residence and two additional units, offering multiple income streams or owner-user potential.
Development Potential: Presents a rare chance to capitalize on the continued evolution of a culturally significant and economically dynamic district.
Off-Street Parking: Designed off-street parking provides added convenience for residents.

Cons

Age of Property: Built in 1916, the property may require significant updates or renovations to meet modern standards.
Potential Renovation Costs: Depending on the investor's vision, significant capital may be required for renovation or redevelopment.
Competition: While multi-unit opportunities are limited, the area is still competitive, requiring a strategic approach to maximize returns.

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