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840 S Orange Grove Ave, Los Angeles, CA 90036

$1,720,000

  • Sold
  • Closed
  • Multi-Family
840 S Orange Grove Ave, Los Angeles, CA 90036 View this property at 840 S Orange Grove Ave, Los Angeles, CA 90036
840 S Orange Grove Ave Los Angeles CA 90036

Map & Location

Street View

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 for 840 S Orange Grove Ave

  • Sold For: $1,720,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 16-172954
  • Added: 93 day(s) ago

Property History

  • 840 S Orange Grove Ave, Los Angeles, CA
  • Sold at $1,720,000 on 12/23/16
  • Listed at $1,795,000 on 10/19/16

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

  • Zoning: LAR3

Financial Considerations

  • Terms: Cash to Existing Loan, Cash to New Loan

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— 840 S Orange Grove Ave —

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 Santa Monica Montana 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.

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