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356 N Orange Grove Avenue, Los Angeles, CA, 90036

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$5,750,000
204 Days Online

356 N Orange Grove Avenue
Los Angeles, CA 90036

For Sale|Residential Income|Active Under Contract
24
Beds
16
Full Baths
0
Partial Baths
19,149
SqFt
$300
/SqFt
1927
Built
County:
Los Angeles

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356 N Orange Grove Avenue356 N Orange Grove Avenue356 N Orange Grove Avenue356 N Orange Grove Avenue
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Monthly Payment (Est.)

$26,234
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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).

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Listing Snapshot
Price 
$5,750,000
Days Online 
204 Days
Bedrooms 
24
Inside Area (SqFt) 
19,149 sqft
Total Baths 
16
Full Baths 
16
Partial Baths 
N/A
Lot Size 
0.441 Acres
Year Built 
1927
MLS® Number 
23307653
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
7 months agoListing first seen online
a year agoListing updated with changes from the MLS®
General Features
Acres 
0.441
Number Of Stories 
2
Parking 
None
Parking Spaces 
15
Special Circumstances 
Standard
SqFt Total 
19149
Stories 
Two
Zoning 
LAR3
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Community Features
MLS Area 
C19 - Beverly Center-Miracle Mile
Listing courtesy of Saadia 'Sam' Liberow of Marcus & Millichap

Based on information from the The MLS as of 2024-10-16 09:30 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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