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Sharlotte Blake

sharlotte@laluxestates.com +1(323) 219-1101

$5,400,000

Est. payment - /mo

16 Beds

12 Baths

11,880 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,880 sqft

Price per Sqft $454

MLS Listing ID 26102368

Style Spanish Colonial

Bedrooms 16

Year Built 1933

Lot Size 0.367 Acres

Acres 0.367

Property Sub-Type Multi-Family

Property Description

1047-1053 S. Orange Grove Ave. is an immaculately restored historic property in the Wilshire Vista/Fairfax area of Los Angeles. Property is situated at the intersection of the Carthay Square, Wilshire Vista and Miracle Mile districts, about 1 mile east of Beverly Hills. The area is known for its central location, walkability to fine dining, entertainment, museums and vibrant, youthful atmosphere. The area attracts residents seeking to be in the middle of Los Angeles' dynamic environment, with convenient access to amenities and attractions. Ownership has invested heavily in the property in recent history, adding a front entry and perimeter security, painting and re-landscaping, adding central air conditioning and upgrading to new 600 amp electrical service. The garages were rebuilt/restored, plumbing updated and foundation braced for earthquake safety. Seven units have been renovated completely with refinished hardwood flooring, new kitchens and baths, restoration of period architectural details and adding in-unit washer/dryers. A complete list of recent upgrades can be found on page 5 of the offering memorandum. Units are generously-sized one and two bedrooms. The buildings are separately metered for gas and electricity with LADWP handling trash removal at the tenants' expense. Select units have private outdoor patios and all tenants enjoy nicely landscaped common amenity areas. The garages offer realistic ADU potential with immediate equity available to the benefit of ownership upon completion. The area's proximity to shopping destinations like Fairfax Ave., Museum Row, The Grove and Farmers Market, makes it especially attractive to renters. The presence of schools like Carthay Elementary, LACES and Fairfax Senior High School also adds to the area's appeal. The walkability of the neighborhood around South Orange Grove Ave. is a significant factor in its desirability to renters. Residents can walk to grocery stores, restaurants, and other conveniences. The proximity to major transportation hubs, such as the Wilshire/Fairfax and Wilshire/La Cienega Metro stations, further enhances the desirability of the location, providing easy access to the greater Los Angeles area.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Hardwood, Stone Tile, Ceramic Tile

Fireplaces Type Living Room

Equipment Built-Ins, Dishwasher, Dryer, Washer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup

Laundry In Unit, Community

Exterior

Parking Features Garage - 2 Car

Garage Spaces 12.0

Waterfront Description None

Roof Type Clay

Building

Story 2

Foundation Quake Bracing

Sewer In Street

Water Meter on Property

Architectural Style Spanish Colonial

Level or Stories Two

Structure Type Hard Coat

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

NEARBY SCHOOL & BUSINESS

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Sharlotte Blake

+1(323) 219-1101

Broker Associate License ID: 02035876

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Los Angeles, CA

1047 S Orange Grove Ave Los Angeles, CA 90019

Sharlotte Blake

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1047 S Orange Grove Ave