About this home

We are excited to present a unique opportunity to purchase 351 N Orange Grove Ave, a fully occupied 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles & next to West Hollywood. Constructed in the late 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately 5,985 and is situated on a 6,373 sq ft lot. This property includes two spacious 2-bedroom, 1-bathroom unit downstairs, and two large 2-bedroom, 1-bathroom units upstairs, each approximately 1,500 sq ft. A key highlight is the full potential of the property for renovations enabling investors to realize the property's full income potential after their renovation is completed. The asset benefits from its designation within an HPOZ (Historic Preservation Overlay Zone), offering potential tax advantages, and also benefits from favorable R3 and TOC zoning, depending on HPOZ restrictions (buyer to verify). 351 N Orange Grove is optimally located just north of Beverly Blvd and The Grove, in the heart of Miracle Mile - an area renowned for its cultural, dining, and shopping amenities. With a Walk score of 92, the neighborhood is a veritable "walker's paradise", offering residents an array of nearby conveniences and an outstanding quality of life. It's approximately 1/2 mile from The Grove, LA's premier shopping and dining destination, featuring a mix of high-end retailers and unique boutiques, alongside world-class dining options, offering a desirable lifestyle for potential tenants. Just a block away from CBS studios. This property, with its historic charm, substantial square footage, zoning advantages, and superior location, offers an exceptional investment opportunity to maximize income potential and capital appreciation in the highly coveted Miracle Mile area. Motivated seller!

Facts and features

Schools

• Fairfax Senior High School

  high · 9-12 · 0.4 mi

  5

• Laurel Elementary School

  elementary · K-8 · 0.7 mi

  8

• Perutz Etz Jacob Hebrew Academy

  elementary · K-8 · 0.2 mi

• Shaarei Torah California Rabbinical College

  high · 9-12 · 0.2 mi

• Whitman Continuation School

  high · 9-12 · 0.2 mi

  4

• Ohel Chana High School

  high · 10-12 · 0.2 mi

Price history

• Nov 5, 2026 · Listed$2,195,000
• Jul 1, 2026 · Listing Removed—
• Mar 14, 2026 · Listing Removed—
• Mar 13, 2026 · Listed$2,175,000
• Feb 11, 2026 · Price Changed$2,195,000
• Jan 16, 2026 · Listed$2,250,000
• Jan 3, 2026 · Listing Removed—
• Sep 30, 2025 · Listing Removed—

Tax history

• 2025$22,197 tax · $1,836,000 assessed
• 2024$2,701 tax · $1,800,000 assessed
• 2023$2,666 tax · $159,948 assessed
• 2022$2,570 tax · $156,812 assessed
• 2021$2,500 tax · $153,738 assessed
• 2020$2,513 tax · $152,163 assessed
• 2019$2,439 tax · $149,180 assessed
• 2018$2,315 tax · $146,256 assessed

Home value

$2,239,000

• Collateral Analytics$2,239,000
• Quantarium$1,808,483

Where it is