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859 N Orange Grove Ave, Los Angeles, CA 90046
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859 N Orange Grove Ave Los Angeles, CA 90046

$1,888,000 Sold Price as of 06/11/2021
  • 7 Beds
  • 4 Baths
  • 3,711 Sq.Ft.
Sold
$1,888,000 Sold Price as of 06/11/2021 Refinance Your Mortgage
Map preview of 859 N Orange Grove Ave, Los Angeles, CA 90046

Property Overview: 859 N Orange Grove Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,711 living square feet and 6,117 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 859 N Orange Grove Avenue was built in 1930 with town house style units and art deco period details. Its located in Los Angeles one block outside of prime West Hollywood. It is just south of Santa Monica and North of Melrose receiving a walk score of 95. All units have their own parking (one per unit) and washer/dryer's in their units. The four unit has 4 separate address. The owners unit is 861 N Orange Grove. It is located in the front building and is two stories which is approximately 1450 sq ft consisting of 3 bedrooms and 1.5 baths. Owners unit has two private patios on the first floor as well as a private roof top deck. It has beautifully redone kitchen and baths and exquisite formal dining room, large living room, high wood beamed ceilings, hardwood/tile floors, and new insulated windows. The owners unit will be delivered vacant upon the close of escrow. Additionally the owners unit has ADT security installed as well as security cameras around the perimeter of the property. Adjacent to the owner's unit is 859 N Orange Grove which is a single floor 2 bedroom 1 bath rental unit (approx 1148 sq ft). Behind the front building is a four-car garage with (2) one bedroom/one bath apartments above it (7850 & 7860 Willoughby Ave each approx 600sqft).

Listed by Meir Frydman | BRE #01910722 | Keller Williams-Santa Monica
Last checked: 7 minutes ago | Last updated: November 20th, 2023 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
6,117
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21713014
City
Los Angeles
County
Los Angeles
Time on Site
1130 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,596
  • Total Rent: $1,596
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.49
  • Gross Scheduled Income: --
  • Net Operating Income: $74,854
  • Gross Operating Income: $104,952
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 859 N Orange Grove Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5527002027
Location / Neighborhood
Location Information
  • Directions: LOCATED IN LOS ANGELES, ONE STREET OUTSIDE OF WEST HOLLYWOOD. It is just South of Santa Monica and North of Melrose, and East of Fairfax at the corner of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 859 N Orange Grove Ave

Last leased for $2,200 on November 17th, 2023

  • November, 2023

  • Nov 17, 2023

    Date

    Leased

    CRMLS: 23332881

    $2,200

    Price

  • Nov 15, 2023

    Date

    Active

    CRMLS: 23332881

    $2,200

    Price

  • Listing provided courtesy of CRMLS

    Lease prior to posting it on the MLS.

  • June, 2021

  • Jun 11, 2021

    Date

    Sold

    CRMLS: 21713014

    $1,888,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: 21713014

    $2,150,000

    Price

  • May 19, 2021

    Date

    Active Under Contract

    CRMLS: 21713014

    $2,150,000

    Price

  • Mar 31, 2021

    Date

    Active

    CRMLS: 21713014

    $2,150,000

    Price

  • March, 2021

  • Mar 31, 2021

    Date

    Canceled

    CRMLS: 21690466

    $2,150,000

    Price

  • Mar 3, 2021

    Date

    Price Change

    CRMLS: 21690466

    $2,150,000

    Price

  • Feb 7, 2021

    Date

    Active

    CRMLS: 21690466

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    859 N Orange Grove Avenue was built in 1930 with town house style units and art deco period details. It is just south of Santa Monica and North of Melrose receiving a walk score of 95. All units have their own parking (one per unit) and washer/dryer's in their units. The four unit has 4 separate address. The owners unit is 861 N Orange Grove. It is located in the front building and is two stories which is approximately 1450 sq ft consisting of 3 bedrooms and 1.5 baths. Owners unit has two private patios on the first floor as well as a private roof top deck. It has beautifully redone kitchen and baths and exquisite formal dining room, large living room, high wood beamed ceilings, hardwood/tile floors, and new insulated windows. The owners unit will be delivered vacant upon the close of escrow. Additionally the owners unit has ADT security installed as well as security cameras around the perimeter of the property. Adjacent to the owner's unit is 859 N Orange Grove which is a single floor 2 bedroom 1 bath rental unit (approx 1148 sq ft). Behind the front building is a four-car garage with (2) one bedroom/one bath apartments above it (7850 & 7860 Willoughby Ave each approx 600 sqft).Placed in the heart of West Hollywood, this building is in one of the most desirable locations in Los Angeles.

  • January, 2006

  • Jan 23, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,350,000

    Price

Show More

Tax History for 859 N Orange Grove Ave

Assessed Value (2020): $1,687,107
Year Land Value Improved Value Assessed Value
2020 $1,249,564 $437,543 $1,687,107

Home Value Compared to the Market

This property vs the competition

859 N Orange Grove Ave sold on June 11, 2021 for 80.67% 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 $579.36 per/sqft which puts the price per square foot 23.26% lower than the current median sale per square foot for the city of Los Angeles.

About 859 N Orange Grove Ave

Detailed summary of property

859 N Orange Grove Ave is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,711 living square feet, and sits on an approximately 6,117 square foot lot. 859 N Orange Grove Ave was first listed on ArdentRealEstateGroup.com on March 31, 2021. The homeowner sold the property for $1,888,000. 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 80.67% higher than the current median priced home. Local homes that are currently for sale include 6446 W 6th St, 6626 W 6th St and 806 Alandele Ave. While the average home in Los Angeles, CA is selling in 96 days, 859 N Orange Grove Ave has a days on market of 48 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 859 N Orange Grove Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 859 N Orange Grove Ave

Public county record property details
Beds
7
Baths
5
Year built
1930
Sq. Ft.
3,711
Lot Size
6,117
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
46
APN
5527-002-027

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,988,000
Median List Price/Sq.Ft.
$928
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
216
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

Thinking of Selling?

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(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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