1568 S Orange Grove Ave, Los Angeles, CA 90019
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1568 S Orange Grove Ave Los Angeles, CA 90019

$1,900,000 Sold Price as of 10/24/2019
  • 0 Beds
  • 0 Baths
  • 15,000 Sq.Ft.
Sold
$1,900,000 Sold Price as of 10/24/2019 Refinance Your Mortgage

Map preview of 1568 S Orange Grove Ave, Los Angeles, CA 90019

Property Overview: 1568 S Orange Grove Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 15,000 living square feet and 6,884 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention investors and developers, prime LOCATION, hottest neighborhood in 2018. A great opportunity to developed a 14-unit apartment building, entitled project with approved TOC. Close to the new Metro line, LACMA, The Grove, new restaurants and coffee places.The new proposed 4 - story (45" height) building is located in the Transit Oriented Communities (TOC) TIER 3, LAR-3, LOT Area - 6,887.

Listed by Adi Perez | BRE #01963659 | The Agency
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 75

Home details

Lot Sq. Ft
6,884
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19454214
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $42,727
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1568 S Orange Grove Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5068026012
Location / Neighborhood
Location Information
  • Directions: South of Pico, East of Fairfax.
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Sale History for 1568 S Orange Grove Ave

Last sold on September 18th, 2020
  • September, 2020

  • Sep 18, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 25, 2019

    Date

    Sold

    CRMLS: 19454214

    $1,900,000

    Price

  • May 30, 2019

    Date

    Price Change

    CRMLS: 19454214

    $2,195,000

    Price

  • Apr 11, 2019

    Date

    Active

    CRMLS: 19454214

    $2,500,000

    Price

  • October, 2019

  • Oct 24, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,800,000

    Price

  • June, 2018

  • Jun 25, 2018

    Date

    Leased

    CRMLS: 18335044

    $2,750

    Price

  • Apr 19, 2018

    Date

    Active

    CRMLS: 18335044

    $2,750

    Price

  • Listing provided courtesy of CRMLS

    GREAT LEASE IN A VERY DESIRABLE AREA JUST MINUTES AWAY FROM WORLD CLASS ATTRACTIONS AS LACMA, THE GROVE AND POPULAR RESTAURANTS AND BARS.

  • March, 2018

  • Mar 9, 2018

    Date

    Leased

    CRMLS: 18305168

    $3,250

    Price

  • Jan 19, 2018

    Date

    Active

    CRMLS: 18305168

    $3,250

    Price

  • Listing provided courtesy of CRMLS

    GREAT LEASE IN A VERY DESIRABLE AREA JUST MINUTES AWAY FROM WORLD CLASS ATTRACTIONS AS LACMA, THE GROVE AND POPULAR RESTAURANTS AND BARS.

  • November, 2017

  • Nov 8, 2017

    Date

    Sold

    CRMLS: CV17113656

    $1,400,000

    Price

  • Aug 31, 2017

    Date

    Pending

    CRMLS: CV17113656

    $1,499,999

    Price

  • Jul 6, 2017

    Date

    Price Change

    CRMLS: CV17113656

    $1,499,999

    Price

  • May 22, 2017

    Date

    Active

    CRMLS: CV17113656

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Rare opportunity to purchase 2 homes on 1 lot minutes from world class attractions like LACMA, La Brea Tar Pits, The Grove and so much more LA has to offer. Do not miss your opportunity to purchase in the exclusive Faircrest Heights neighborhood near the Mid-Wilshire District and the Miracle Mile. Front home is 2 bed 1 bath and second home is 1 bed 1 bath and a 2 car garage with plenty of room to expand or rebuild to your tastes. You can live in one and rent the other. Homes feature new roof, new copper plumbing, new A/C, new windows, and has been earthquake retrofitted. Call now for a private tour and get ready to live the LA lifestyle!

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Tax History for 1568 S Orange Grove Ave

Assessed Value (2020): $1,800,000
Year Land Value Improved Value Assessed Value
2020 $1,790,000 $10,000 $1,800,000

Home Value Compared to the Market

This property vs the competition

1568 S Orange Grove Ave sold on October 24, 2019 for 95.98% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $146.33 per/sqft which puts the price per square foot 79.79% lower than the current median sale per square foot for the city of Los Angeles.

About 1568 S Orange Grove Ave

Detailed summary of property

1568 S Orange Grove Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered -- bedrooms, -- bathrooms, roughly 15,000 living square feet, and sits on an approximately 6,884 square foot lot. 1568 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,900,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 95.98% higher than the current median priced home. Local homes that are currently for sale include 1243 S La Cienega Blvd, 2315 Carmona Ave and 8607 Airdrome St. While the average home in Los Angeles, CA is selling in 106 days, 1568 S Orange Grove Ave has a days on market of 75 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1568 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 1568 S Orange Grove Ave

Public county record property details
Beds
3
Baths
2
Year built
1949
Sq. Ft.
2,215
Lot Size
6,883
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
67
APN
5068-026-012

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
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
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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Related Resources to 1568 S Orange Grove Ave

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.