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1460 S Orange Grove Ave, Los Angeles, CA 90019
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1460 S Orange Grove Ave Los Angeles, CA 90019

$2,106,500 Sold Price as of 10/22/2021
  • 8660 Beds
  • 4899 Baths
  • 4,906 Sq.Ft.
Sold
$2,106,500 Sold Price as of 10/22/2021 Refinance Your Mortgage
Map preview of 1460 S Orange Grove Ave, Los Angeles, CA 90019

Property Overview: 1460 S Orange Grove Ave Los Angeles, CA has 8660 bedrooms, 4899 bathrooms, 4,906 living square feet and 7,124 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This fantastic mid-city investment opportunity features six tenant-occupied units and six single-car garages in an excellent location. Walk to Vons, shops & restaurants off of Pico Blvd. More shopping & the famous LA County Museum of Art are less than two miles away. The building is composed of four 2bed/1bath units and two 1bed/1bath units.

Listed by Randy Zimnoch | BRE #01900957 | eXp Realty of California, Inc.
Co-listed by Christopher Gorvetzian | BRE #01998511 | eXp Realty of California Inc
Last checked: 5 minutes ago | Last updated: March 29th, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
7,124
HOA Dues
$0/mo
Year built
1940
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
PTP2105962
City
Los Angeles
County
Los Angeles
Time on Site
1048 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 572
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,579
  • Total Rent: $1,579
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 566
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,785
  • Total Rent: $1,785
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 928
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,145
  • Total Rent: $2,145
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 971
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,575
  • Total Rent: $1,575
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 5
  • # of Units: 935
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,941
  • Total Rent: $1,941
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 6
  • # of Units: 927
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $137,118
  • Net Operating Income: $82,783
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,686
  • Electric: $0
  • New Taxes: $25,000
  • Trash: $3,761
  • Insurance: $9,888
  • Professional Management: $7,068

Virtual Tour

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Property Details for 1460 S Orange Grove Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community, In Garage
Room Information
  • Flooring: Tile, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5068022032
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: GPS
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1460 S Orange Grove Ave

Last leased for $2,499 on March 25th, 2022

  • March, 2022

  • Mar 25, 2022

    Date

    Leased

    CRMLS: 22129191

    $2,499

    Price

  • Feb 18, 2022

    Date

    Active

    CRMLS: 22129191

    $2,600

    Price

  • Listing provided courtesy of CRMLS

  • October, 2021

  • Oct 22, 2021

    Date

    Sold

    CRMLS: PTP2105962

    $2,106,500

    Price

  • Aug 21, 2021

    Date

    Active

    CRMLS: PTP2105962

    $1,999,900

    Price

  • April, 2019

  • Apr 8, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2000

  • Aug 15, 2000

    Date

    Sold (Public Records)

    Public Records

    $462,000

    Price

Show More

Tax History for 1460 S Orange Grove Ave

Assessed Value (2020): $636,536
Year Land Value Improved Value Assessed Value
2020 $399,561 $236,975 $636,536

Home Value Compared to the Market

This property vs the competition

1460 S Orange Grove Ave sold on October 22, 2021 for 72.68% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $448.41 per/sqft which puts the price per square foot 43.31% lower than the current median sale per square foot for the city of Los Angeles.

About 1460 S Orange Grove Ave

Detailed summary of property

1460 S Orange Grove Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8660 bedrooms, 4899 bathrooms, roughly 4,906 living square feet, and sits on an approximately 7,124 square foot lot. 1460 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on August 21, 2021. The homeowner sold the property for $2,106,500. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 72.68% higher than the current median priced home. Local homes that are currently for sale include 1287 S Cochran Ave, 1206 S Sherbourne Dr and 6347 Orange St. While the average home in Los Angeles, CA is selling in 100 days, 1460 S Orange Grove Ave has a days on market of 13 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1460 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 1460 S Orange Grove Ave

Public county record property details
Beds
10
Baths
6
Year built
1940
Sq. Ft.
4,906
Lot Size
7,124
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
77
APN
5068-022-032

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
$1,459,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
76
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

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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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