Matt Kanner
323.605.2114
Mkanner@TheKannerGroup.com
SOLD!
The Kanner Group was proud to present Villa Aranceto at 415 N Orange Grove Avenue in the historic Beverly Fairfax district of Los Angeles. Villa Aranceto is true to its name; Aranceto translates literally in Italian to ‘orange grove’.
This unique, 2 story, 16-unit neo-Italianate value-add opportunity boasts a sunny central courtyard and building character features such as Mediterranean archways and tiling throughout. A rare and stunning property with an incredible walking score of 96, this treasure is a one-of-a-kind offering. Villa Aranceto is a proud resident of the upscale Beverly Fairfax district, itself the 6th most walkable neighborhood in Los Angeles.
The 12,890 square foot property includes 10 individual garage parking spaces on-site, is zoned LARD 1.5-1-O, and multiple 1+1 layouts. Another standout of this property is that its a potential Mills Act candidate, offering the lucky purchaser possible tax benefits for its historic characteristics.
The building units are full of natural light, with nearly floor to ceiling windows, hardwood floors, original tiling and molding. The property is separately metered for gas and electric. Villa Aranceto is blocks from Los Angeles attraction The Grove and its world-renowned Farmer’s Market, and steps from the intersection of Beverly Boulevard and Fairfax Avenue, a bustling and lively cultural hub.
With close walking proximity to offerings like Erewhon Market, Jon and Vinny’s, Supreme, and Canter’s Deli, Villa Aranceto is a pedestrian’s dream. Nearby parks include Rosewood Park, Gilmore Stadium (historical), and Gilmore Field (historical).
Lots of sunlight, large windows
Updated kitchens in 14/16 units (updated in the last 20 years)
New mini-splits HV/AC units installed in 9/16 of units over the past 6 years
Charming original tiling in some kitchens and bathrooms
Original crown molding and hardwood floors
Separately metered for gas and electric
