351 N Orange Grove Ave, Los Angeles, CA 90036

4-Plex in Prime Fairfax District w/ 10 Day All-Cash Close

Sold: $1,800,000

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Property Highlights

4-Plex in ultra prime Fairfax District location
Excellent unit mix consisting of Four large 2 Bedroom / 1 Bathroom Units for a total of 5,985 SF; units average almost 1,500 SF each
Close proximity to an array of grocery, fine dining, shopping & entertainment options, with a walk score of 91. Walkable to The Grove and Pan Pacific Park
Quick 10-day escrow with an all-cash 1031 exchange client
Competed against 10+ other offers in a best & final counter

The Deal Story

The Glaser Group is pleased to announce the successful closing of 351 N Orange Grove in Los Angeles, CA. We represented the all-cash 1031 exchange buyer on this fantastic 4-plex investment opportunity. This ultra prime Fairfax District location has an excellent Walk Score of 91 and is within close proximity to an array of grocery, fine dining, shopping & entertainment options including The Grove and Pan Pacific Park. The building is 5,985 square feet in total and is comprised of four large 2-bed /1-bath units that average almost 1,500 SF each.

Competing against 10+ other offers in a best & final counter scenario, we were able to close with a smooth 10-day, all-cash escrow with a 1031 exchange client.

If you're interested in exploring a similar sale or purchase, please shoot us an email or call us at 310-230-5157. We'd be happy to help.