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1047 S Orange Grove Ave, Los Angeles, CA 90019
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1047 S Orange Grove Ave Los Angeles, CA 90019

$4,350
  • 2 Beds
  • 1 Baths
  • 950 Sq.Ft.
For Lease
$4,350 Get Pre-Qualified
Map preview of 1047 S Orange Grove Ave, Los Angeles, CA 90019

Property Overview: 1047 S Orange Grove Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 950 living square feet and 7,654 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Completely remodeled apartment located minutes from Hancock park and Beverly Hills. This apartment has new hard wood floors and appliances, with new cabinets and sinks. It also has central air/heat, and there is a washer/dryer in the apartment with a new dishwasher. The living room windows look out into the courtyard, and open inward with great air flow. The entire apartment has been remodeled, with brand new fixtures. The apartment has secured entrance, a brand new courtyard with fountain, and covered parking. It is walking distance from fairfax, with many good restaurants and boutique stores just around the corner. It is very centrally located. The photos are of the apartment prior to the most recent tenants move in. It will look the same once painted and move in ready. The apartment was restored with its original charm with modern upgrades in mind. There is a front and side outside area that is included with the apartment. Ask about pets.

Listed by Sean Inesta | BRE #01853141 | Sean Inesta, Broker
Last checked: 15 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
7,654
HOA Dues
$0/mo
Year built
1933
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24428201
City
Los Angeles
County
Los Angeles
Time on Site
33 days

Open Houses for 1047 S Orange Grove Ave

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Property Details for 1047 S Orange Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Eating Area: Dining Room
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Oven
  • Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s), Crown Molding
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Porch, Wrap Around
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Assigned, Covered
Property Information
  • Has View
  • View: Courtyard
  • Parcel Number: 5086001059
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Fairfax ave, south of San Vicente/Olympic
View more facts & features

Local Los Angeles Agent

Sale History for 1047 S Orange Grove Ave

Last leased for $3,650 on November 19th, 2019

  • August, 2024

  • Aug 14, 2024

    Date

    Active

    CRMLS: 24428201

    $4,350

    Price

  • May, 2023

  • May 23, 2023

    Date

    Expired

    CRMLS: 23243815

    $6,295,000

    Price

  • Feb 21, 2023

    Date

    Active

    CRMLS: 23243815

    $6,295,000

    Price

  • Listing provided courtesy of CRMLS

    ASSUMABLE 3.54% FINANCING! BELOW MARKET RENTS! 1047-53 South Orange Grove is a meticulously restored 1933 Mediterranean 'Old Hollywood Style Courtyard' multi-family property located in prime Miracle Mile. This rare and beautiful twelve unit property has an excellent unit mix of (8) 1 (BR + 1 BA and (4) 2 BR + 1 BA units. The property is receiving strong rental income with significant upside in the rents, creating a value-add opportunity for the new ownership. The property is accessed through a gated courtyard with a bubbling fountain and beautiful verdant gardens, which exemplifies Old Hollywood class and charm. Seven of the units have been carefully restored and come with designer finishes and central air. The entire building has had extensive renovations with new gated entry, rebuilt parking structure for 12 cars, new plumbing and an updated foundation. This magnificent courtyard multi-family asset is situated on two large parcels that total 15,962 sq. ft. The size of the property is approximately 11,880 sq. ft. and Zoned LAR3. The exceptional location is walking distance to the new Metro Station at Wilshire and Fairfax. Its prime location provides its tenants easy access to the Grove Shopping Center, the Beverly Center, Beverly Hills, and numerous entertainment and dining venues.

  • December, 2022

  • Dec 22, 2022

    Date

    Canceled

    CRMLS: 22193671

    $6,635,000

    Price

  • Aug 26, 2022

    Date

    Active

    CRMLS: 22193671

    $6,635,000

    Price

  • Listing provided courtesy of CRMLS

    1047-53 South Orange Grove is a meticulously restored 1933 classic Mediterranean multi-family property located in a prime Miracle Mile location, just south of Olympic Blvd. and East of Fairfax Avenue. in 90019. This rare and beautiful twelve unit property has an excellent unit mix of (8) 1 BR + 1 Bath and (4) 2 BR + 1 bath units. The property is receiving strong rental income but there is upside in the rents, creating a value-add opportunity for new ownership. The property is accessed through a gated courtyard with a bubbling fountain and beautiful verdant gardens. Seven of the twelve units have been carefully restored and come with designer finishes and central air. The entire building has also received extensive renovations with new gated entry, rebuilt parking structure, new plumbing and an updated foundation. The property comes with 12 garage parking spaces. This courtyard multi-family asset is situated on two large parcels that total 15,962 SqFt. The size of the property is approximately 11,880 SqFt, Zoned LAR3 and was originally constructed in 1933. This properties exceptional location is a short distance to the new Metro Station at Wilshire and Fairfax. It's prime location provides its tenants easy access to the Grove Shopping Center, Beverly Hills, and numerous entertainment and dining venues.

  • April, 2021

  • Apr 27, 2021

    Date

    Withdrawn

    CRMLS: 21703456

    $6,950,000

    Price

  • Mar 10, 2021

    Date

    Active

    CRMLS: 21703456

    $6,950,000

    Price

  • Listing provided courtesy of CRMLS

    A rarity in its design and architecture, 1047-53 South Orange Grove Avenue is a meticulously restored gem. Built in 1933, this Classic Mediterranean Revival is offered for sale to the discerning investor. Accessed through an imposing gated courtyard replete with a bubbling fountain and verdant gardens, this intimate living community comprises 12 iconic apartment homes located in the Wilshire-Vista district of Los Angeles. Seconds away from trendy Fairfax Avenue and Wilshire Blvd. in the heart of LA culture, this near century-old property has been ushered into the current era. A hand-picked design team spent 4 years and approximately $1 million lovingly restoring it to its former glory. Adamant about retaining all the details that make it so special, the designers stated that when working with an irreplaceable property such as this, it was paramount that we stayed true to the propertys principal character and as a result, the community creates a demand fueled by millennials in creative fields, seeking apartment homes linked to history yet instilled into the modern era.

  • November, 2019

  • Nov 20, 2019

    Date

    Leased

    CRMLS: 19521156

    $3,650

    Price

  • Nov 1, 2019

    Date

    Active

    CRMLS: 19521156

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled brand new apartment located minutes from Hancock park and Beverly Hills. This apartment has brand new hard wood floors and appliances, with new cabinets and sinks. It also has central air/heat, and there is a washer/dryer hookup in the apartment with a brand new dishwasher. The entire apartment has been gutted and remodeled, with brand new fixtures. The apartment has secured entrance, a brand new courtyard with fountain, and covered parking. It is walking distance from fairfax, with many good restaurants and boutique stores just around the corner. It is 8 miles from downtown, and 8 miles from the ocean. Very centrally located. The first photos are from the apartment across which should be identical in layout. The others are of various different apartments in the same building.They all have a little difference in charm and style with the same original restored character and appliances/fixtures. Ask about pets.

  • April, 2018

  • Apr 22, 2018

    Date

    Leased

    CRMLS: 18317204

    $3,500

    Price

  • Mar 14, 2018

    Date

    Price Change

    CRMLS: 18317204

    $3,500

    Price

  • Feb 25, 2018

    Date

    Active

    CRMLS: 18317204

    $3,750

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled brand new apartment located minutes from Hancock park and Beverly Hills. This apartment has brand new hard wood floors and appliances, with new cabinets and sinks. It has central air/heat, and there is a washer/dryer hookup in the apartment with a brand new dishwasher. The entire apartment has been gutted and remodeled, with brand new fixtures. The apartment has secured entrance, a brand new courtyard with fountain, and covered parking. It is walking distance from fairfax, with many good restaurants, coffee shops, and boutique stores just around the corner. This area has seen a great deal of new construction in the immediate area. It is 8 miles from downtown, and 8 miles from the ocean. Very centrally located. Ask about pets.

  • March, 2018

  • Mar 16, 2018

    Date

    Leased

    CRMLS: 18314472

    $2,600

    Price

  • Feb 16, 2018

    Date

    Active

    CRMLS: 18314472

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    Completely remodeled brand new apartment located minutes from Hancock park and Beverly Hills. This apartment has brand new hard wood floors and appliances, with new cabinets and sinks. It has central air/heat, and there is a washer/dryer hookup in the apartment with a brand new dishwasher. The entire apartment has been gutted and remodeled, with brand new fixtures. The apartment has secured entrance, a brand new courtyard with fountain, and covered parking. It is walking distance from fairfax, with many good restaurants, coffee shops, and boutique stores just around the corner. This area has seen a great deal of new construction in the immediate area. It is 8 miles from downtown, and 8 miles from the ocean. Very centrally located. Ask about pets.

  • March, 2016

  • Mar 8, 2016

    Date

    Sold (Public Records)

    Public Records

    $4,300,000

    Price

  • November, 2012

  • Nov 28, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1047 S Orange Grove Ave

Assessed Value (2020): $2,273,106
Year Land Value Improved Value Assessed Value
2020 $1,190,674 $1,082,432 $2,273,106

Home Value Compared to the Market

This property vs the competition

1047 S Orange Grove Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 1047 S Orange Grove Ave

Detailed summary of property

1047 S Orange Grove Ave is a condominium for lease located in Los Angeles, CA 90019. This condo offers 2 bedrooms, 1 bathrooms, roughly 950 living square feet, and sits on an approximately 7,654 square foot lot. 1047 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner is currently asking $4,350. Local homes that are currently for sale include 1525 N Hayworth Ave #205, 1306 Hauser Blvd and 6336 Lindenhurst Ave. While the average home in Los Angeles, CA is selling in 104 days, 1047 S Orange Grove Ave has a days on market of 32 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for lease at 1047 S Orange Grove Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1047 S Orange Grove Ave

Public county record property details
Beds
--
Baths
--
Year built
1933
Sq. Ft.
5,940
Lot Size
7,652
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5086-001-059

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$686
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
97
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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Homes for Lease Near 1047 S Orange Grove Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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