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1529 S Orange Grove Ave, Los Angeles, CA 90019
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1529 S Orange Grove Ave Los Angeles, CA 90019

$1,978,500 Sold Price as of 12/03/2021
  • 8 Beds
  • 4 Baths
  • 4,171 Sq.Ft.
Sold
$1,978,500 Sold Price as of 12/03/2021 Refinance Your Mortgage
Map preview of 1529 S Orange Grove Ave, Los Angeles, CA 90019

Property Overview: 1529 S Orange Grove Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,171 living square feet and 6,886 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Trending PicFair area gated Four-Plex for sale. Nearby communities are Beverly Hills, Century City, Culver City and Hollywood. Each of the 4 units are surprisingly very clean, neat and well maintained. Units highlight very long hallways & tall ceilings. This 4,171 sq ft Four-Plex offers (4) spacious 2 bd/1ba units situated on a 6,886 sq ft lot (Highly Valuable development potential). 3 units contain full washer/dryer laundry hookups and equipment while 1 unit has a washer hookup only with an added dryer included. Property also comes with a detached 4 car automatic garage with each stall delivered unoccupied for added owner usage or extra rental income. This Four-Plex has been inspected and approved by the L.A. Systematic Code Enforcement Program (SCEP/RSD). Seller ready for a "as-is and quick uncomplicated sale. Please submit a serious reasonable offer and we can close a deal.

Listed by Elvie Dimagiba | BRE #01506043 | CURB - 100% Commission Brokerage
Last checked: 15 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 209

Home details

Lot Sq. Ft
6,886
HOA Dues
$0/mo
Year built
1928
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
SR21068735
City
Los Angeles
County
Los Angeles
Time on Site
1188 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $25,200
  • Total Rent: $25,200
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $25,200
  • Total Rent: $25,200
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,000
  • Total Rent: $24,000
  • Pro Forma/Market Rent: $30,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $24,000
  • Total Rent: $24,000
  • Pro Forma/Market Rent: $30,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $98,400
  • Net Operating Income: $98,400
  • Gross Operating Income: $98,400
  • Garage Rental Rate: $500
Annual Expense Breakdown
  • Total Operating Expense: $8,900
  • Electric: $100
  • New Taxes: $5,500
  • Trash: $1,500
  • Insurance: $1,900
  • Maintenance: $1,000
  • Water/Sewer: $1,500

Property Details for 1529 S Orange Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s), Whole House Fan, Electric
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace, Electric, Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Gas Dryer Hookup, In Kitchen, Inside
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Covered, Concrete, Garage Faces Front, Garage - Single Door
Lot Information
  • Lot Features: Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5068023004
  • Year Built Source: Assessor
  • Property is Attached
  • Offered With Property: javascript:__doPostBack('m_lbSubmit', '')
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: PICO/FAIRFAX
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1529 S Orange Grove Ave

Last sold for $1,978,500 on December 3rd, 2021

  • December, 2021

  • Dec 2, 2021

    Date

    Pending

    CRMLS: SR21068735

    $1,995,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SR21068735

    $1,995,000

    Price

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: SR19209721

    $2,150,000

    Price

  • Sep 3, 2019

    Date

    Active

    CRMLS: SR19209721

    $2,150,000

    Price

  • Listing provided courtesy of CRMLS

    Choice PicFair Village 4-plex now available. All units are neat, well maintained and feature long hallways & high ceilings. Property rents remain strong amidst the COVID19. Property contains (4) spacious 2 bd/1ba units with 4171 sq ft of living space on a 6886 sq ft lot (lot has spectacular development potential). Also includes a newly constructed detached 4 car automatic garage with all stalls delivered unoccupied for added rental space income potential. Plus, extra income from owner's onsite (in unit) coin operated laundry equipment. This property already inspected and approved by the L.A. Systematic Code Enforcement Program (SCEP/RSD). Interested in offering seller the right price? Serious seller eager for a quick yet uncomplicated sale. NO! This is not a distressed seller. Just setting up for retirement. Please submit your serious reasonable offer. Property sold "as-is". Neighboring communities are Beverly Hills, Century City, Culver City and Hollywood

  • September, 2019

  • Sep 1, 2019

    Date

    Expired

    CRMLS: SR18212956

    $2,150,000

    Price

  • Jan 22, 2019

    Date

    Price Change

    CRMLS: SR18212956

    $2,150,000

    Price

  • Oct 2, 2018

    Date

    Price Change

    CRMLS: SR18212956

    $2,399,000

    Price

  • Aug 31, 2018

    Date

    Active

    CRMLS: SR18212956

    $2,800,000

    Price

  • Listing provided courtesy of CRMLS

    Location!, Location!, the right Location! Buy on a hot and proven “easy to rent” street easily matching up with other developers who already know the street's present and future high financial potential. Any and all reasonable offers welcome, owner eager !!!! Owner clearly aware of value in the neighborhood. 1529 S Orange Grove Ave, consists of 4 2BR/1Bath units with 4,171 sq ft of living spaces and a large 6,886 square foot lot. The subject property is located in the PicFair area. A highly sought-after area that easily attracts high income renters unlike some of the other recently sold properties located further east. The property also recently passed the Los Angeles Systematic Code Enforcement Program (SCEP) inspection. Property is close to Hollywood, Beverly Hills, Downtown L A, LAX, and the beaches. The subject property is sold "as-is" with little or no complications. No seller's credit available.

  • October, 1993

  • Oct 25, 1993

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 1529 S Orange Grove Ave

Assessed Value (2020): $466,221
Year Land Value Improved Value Assessed Value
2020 $170,943 $295,278 $466,221

Home Value Compared to the Market

This property vs the competition

1529 S Orange Grove Ave sold on December 3, 2021 for 56.59% 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 $478.3 per/sqft which puts the price per square foot 39.53% lower than the current median sale per square foot for the city of Los Angeles.

About 1529 S Orange Grove Ave

Detailed summary of property

1529 S Orange Grove Ave is a apartment that recently sold in Los Angeles, CA 90019. This apartment offered 8 bedrooms, 4 bathrooms, roughly 4,171 living square feet, and sits on an approximately 6,886 square foot lot. 1529 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $1,978,500. 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 56.59% higher than the current median priced home. Local homes that are currently for sale include 6127 Saturn St, 924 S Orange Grove Ave and 6706 W Olympic Blvd. While the average home in Los Angeles, CA is selling in 100 days, 1529 S Orange Grove Ave has a days on market of 209 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 1529 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 1529 S Orange Grove Ave

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
4,171
Lot Size
6,886
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
81
APN
5068-023-004

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
$1,399,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
79
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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(714) 706-1823

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Recently Sold Homes Near 1529 S Orange Grove Ave

1522 S Orange Grove Ave, Los Angeles, CA 90019
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1460 S Orange Grove Ave, Los Angeles, CA 90019
$2,106,500 Last Sold Price
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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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