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754 S Orange Grove Ave, Los Angeles, CA 90036
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754 S Orange Grove Ave Los Angeles, CA 90036

$2,037,000 Sold Price as of 10/04/2019
  • 6 Beds
  • 6 Baths
  • 6,255 Sq.Ft.
Sold
$2,037,000 Sold Price as of 10/04/2019 Refinance Your Mortgage
Map preview of 754 S Orange Grove Ave, Los Angeles, CA 90036

Property Overview: 754 S Orange Grove Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 6,255 living square feet and 6,721 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Phenomenal location surrounded by Fairfax and Wilshire, Miracle Mile, Museum Row, high class restaurants and shopping, etc. Take advantage of the city's new Metro Transit zoning a short block to one of the world's great transit corridors! High character 1928 apartment building with 6 approximately 1,000 sf units including dining areas, front and back entries, high, coved ceilings, original wood floors and historic character intact. SOLID long or short term investment with additional developmental opportunities such as adding 2 or more units. Does not fall within historical regulations. 2 carport parking, 2 indoor garages, apx. 2 outdoor parking. Next to the world's greatest automobile museum, The Petersen. Across Wilshire from LACMA!

Listed by Erik Flexner | BRE #01352476 | Coldwell Banker Residential Br
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
6,721
HOA Dues
$0/mo
Year built
1928
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
19498968
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,389
  • Total Rent: $13,733
  • Pro Forma/Market Rent: $13,733
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,214
  • Total Rent: $14,632
  • Pro Forma/Market Rent: $14,632
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,190
  • Total Rent: $14,345
  • Pro Forma/Market Rent: $14,345
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,185
  • Total Rent: $14,282
  • Pro Forma/Market Rent: $14,282
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,348
  • Total Rent: $16,242
  • Pro Forma/Market Rent: $16,242
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,431
  • Total Rent: $17,227
  • Pro Forma/Market Rent: $17,227
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Actual Rent: $260
  • Total Rent: $3,120
  • Pro Forma/Market Rent: $3,120
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $60,000
  • Gross Operating Income: $93,583
  • # of Rented Garages: 1
  • Garage Rental Income: $3,120
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $900
  • Gas/Fuel: $1,275
  • Maintenance: $375
  • Professional Management: $2,808
  • Water/Sewer: $3,220

Property Details for 754 S Orange Grove Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Concrete, Garage - Two Door, Driveway, Covered, Garage, Carport, Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5086010005
Location / Neighborhood
Location Information
  • Directions: S. WILSHIRE / E. FAIRFAX, Corner of 8th and Orange Grove
View more facts & features

Local Los Angeles Agent

Sale History for 754 S Orange Grove Ave

Last sold for $2,037,000 on October 4th, 2019

  • April, 2021

  • Apr 2, 2021

    Date

    Expired

    CRMLS: 20671566

    $2,495

    Price

  • Dec 17, 2020

    Date

    Active

    CRMLS: 20671566

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Beautiful upper 1 bedroom apartment with high ceilings, interesting moldings, hardwood floors, original 1920's light fixtures and many French windows. Updated kitchen with new cabinets (but original glass knobs), granite counters, new dishwasher, fridge and range. Fabulous area within easy walking distance to nearly everything you need including museums, restaurants, grocery stores, banks, etc. Ceiling fan in spacious and bright bedroom with large closet. Very spacious dining room with expansive windows as well as enormous living room with a wall of windows. Small and quiet building with wonderful residents. Hook ups for washer and dryer in apartment. Must see this beautiful apartment.

  • October, 2019

  • Oct 8, 2019

    Date

    Sold

    CRMLS: 19498968

    $2,037,000

    Price

  • Sep 3, 2019

    Date

    Pending

    CRMLS: 19498968

    $1,995,000

    Price

  • Aug 15, 2019

    Date

    Active

    CRMLS: 19498968

    $1,995,000

    Price

  • October, 2019

  • Oct 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,037,000

    Price

  • August, 2019

  • Aug 15, 2019

    Date

    Canceled

    CRMLS: 19482064

    $2,395,000

    Price

  • Jun 25, 2019

    Date

    Active

    CRMLS: 19482064

    $2,395,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT SELLER. Vintage 1928 6-unit apartment building with historic character intact. Phenomenal location near Fairfax and Wilshire, Miracle Mile, Museum Row, high class restaurants and shopping, new metro transit, etc. Solid long term investment along transit corridor. Well kept with original details. For rent roll and expenses please select the documents link.

  • April, 2018

  • Apr 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,240,000

    Price

Show More

Tax History for 754 S Orange Grove Ave

Assessed Value (2020): $2,037,000
Year Land Value Improved Value Assessed Value
2020 $1,437,000 $600,000 $2,037,000

Home Value Compared to the Market

This property vs the competition

754 S Orange Grove Ave sold on October 4, 2019 for 67.65% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $318.94 per/sqft which puts the price per square foot 57.76% lower than the current median sale per square foot for the city of Los Angeles.

About 754 S Orange Grove Ave

Detailed summary of property

754 S Orange Grove Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 6,255 living square feet, and sits on an approximately 6,721 square foot lot. 754 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,037,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 67.65% higher than the current median priced home. Local homes that are currently for sale include 1132 S Crescent Heights Blvd, 1236 Hi Point St and 6626 W 6th St. While the average home in Los Angeles, CA is selling in 94 days, 754 S Orange Grove Ave has a days on market of 20 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 754 S Orange Grove Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 754 S Orange Grove Ave

Public county record property details
Beds
6
Baths
6
Year built
1928
Sq. Ft.
6,255
Lot Size
6,721
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5086-010-005

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Recently Sold Homes Near 754 S Orange Grove Ave

6022 W 8Th St, Los Angeles, CA 90036
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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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