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840 S Orange Grove Ave, Los Angeles, CA 90036
$1,720,000
840 S Orange Grove Ave, Los Angeles, CA 90036View this property at 840 S Orange Grove Ave, Los Angeles, CA 90036
840 S Orange Grove AveLos AngelesCA90036
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Property Description
Located in one of the hottest areas of Los Angeles. Walk to LACMA, Peterson Automotive Museum and minutes from the Grove marketplace. The new "Purple Line Subway" is at the corner of Orange Grove and Wilshire. A, charming Spanish duplex that is perfect for an owner user/ investor or developer. (A)Owner-user, one unit is vacant collect rents from the occupied unit. (B)Developer-LAR3 6,600 sq ft; (lot 55 x 120 D), no (Q) conditions, build-to-max allowed under LAR3 zoning.(C) Investor, some of the highest rents in Los Angeles are trending in the newly build 739 and 739 Ogden apartments located down the street from the subject property. A slight renovation and bring the rents to a market of $3.75 to $4.00 per sq ft. Two large garages, the property is very utilized each duplex with its own yard.
Full Property Details
Full Property Details for 840 S Orange Grove Ave
General
- Sold For: $1,720,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 16-172954
- Added to Site: 2, 744 day(s) ago
Interior
- Appliances: Gas Dryer Hookup, Gas Cooktop
Rooms
Bedrooms
- Bedroom 1: All Bedrooms Down
Other Rooms
- Kitchen: Remodeled
- Laundry: Laundry Area In Unit
Exterior
- Exterior Features: Stucco
Parking
- Parking: Combination Driveway
Location
- County: Los Angeles
- Driving Directions: One block south of Wilshire Blvd, One block east of Fairfax. Two blocks south of LACMA. South of the Grove Shopping center.Two blocks from the new underground "purple line" subway station.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- # Buildings: 1
- Stories/Levels: One Level
- Stories Description: One Level
- Square Feet: 2,337
- Year Built: 1924
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Sq. Ft.): 6,034
- Zoning: LAR3
Financial Considerations
- Terms: Cash to Existing Loan, Cash to New Loan
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Schools
Schools serving 840 S Orange Grove Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6351 W Olympic Blvd, Los Angeles, CA 90048 | K-5 | 0.4 mi | |
1650 Selby Ave, Los Angeles, CA 90024 | 6-8 | 4.3 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 840 S Orange Grove Ave
Date
Details
Price
Change
Source
12/23/2016
Sold
$1,720,000
-4.18%
MLS
10/19/2016
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
840 S Orange Grove Ave, Los Angeles, CA 90036 (MLS# 16-172954) is a Multi-Family property that was sold at $1,720,000 on December 23, 2016. This property was listed by Steven Ito from our Venice Main Street Office.Want to learn more about 840 S Orange Grove Ave? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.