Michael Kamara of Lyon Stahl is pleased to present 448 N Orange Grove Ave, a well-maintained 4
unit apartment building located in the heart of the Fairfax District of Los Angeles, CA. Built in 1929, the
property consists of (4) two-bedroom + one-bathroom units. The building is 5,326 gross square feet and
sits on a 6,000 square foot lot.
2/4 Of the units will be delivered vacant upon COE.
Situated on a peaceful, tree-lined street, this classic Spanish-style building offers character-rich
architecture with spacious floor plans, hardwood floors, and original details. The property also includes
shared outdoor areas and on-site parking.
With a WalkScore® of 96, 448 N Orange Grove Ave is ideally located just minutes from some of LA’s
most iconic destinations, including The Grove, the Original Farmers Market, Pan Pacific Park, and a wide
variety of dining, shopping, and entertainment options along Fairfax, Melrose, and Beverly. Positioned
between West Hollywood and La Brea, the Fairfax District continues to be one of the most vibrant and
sought-after neighborhoods in Los Angeles.
448 N Orange Grove Ave represents a unique value-add opportunity for investors due to the property’s
location and rental upside. The property offers a initial CAP rate of 4.45% with the ability to improve to a
4.74% CAP rate once units turnover.