356 366 N Orange Grove Avenue
Los Angeles, CA 90036
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1927 build
- 573 days on site
The Orange Grove Portfolio - 356, 360, 366 N Orange Grove Ave, represents an extraordinary opportunity to purchase assets that haven't been available for sale in over 50 years! It's a one-of-a-kind chance that will allow the astute investor to purchase 3 contiguous parcels located within a highly desirable sub-market characterized by affluent demographics and substantial barriers to entry. This expansive 19,201 square-foot property, spread across three contiguous parcels, represents an exceptional investment opportunity with its LAR3 zoning providing a solid foundation for various residential development projects. Additionally, its Tier 3 classification within the Transit Oriented Communities (TOC) program offers strategic benefits, including density bonuses, height incentives, and potential parking reductions, making it an ideal canvas for high-value multi-unit housing or innovative urban developments. Per our calculations, a buyer can build up to twenty-eight (28) units (buyer to verify).
Last checked:
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Last updated Feb 17, 2024
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MLS# 23307653 —
The Building
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Year Built:1927
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New Construction:No
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Building Area Total:19149.00
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Total Number Of Units:16
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# of Buildings:3
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Near cross streets N Orange Grove Ave and Oakwood Ave.
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Latitude:34.06889400
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Longitude:-118.35646200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:19211.0000
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Lot Size Acres:0.4410
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Lot Size SqFt:19211.00
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Lot Size Source:Estimated
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5527038027
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
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Parking Spaces:15.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/16/24
Feb 16, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $5,750,000 | |
10/2/23
Oct 2, 2023
|
Pending | CRMLS_CA | $5,750,000 | |
9/7/23
Sep 7, 2023
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Listed / Active | CRMLS_CA | $5,750,000 |