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

$2,295,000
  • 20 Beds
  • 10 Baths
  • 5,395 Sq.Ft.
For Sale
$2,295,000 Get Pre-Qualified
Map preview of 924 S Orange Grove Ave, Los Angeles, CA 90036

Property Overview: 924 S Orange Grove Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 5,395 living square feet and 6,025 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Pride of ownership fourplex in the desirable Miracle Mile area. The building consists of four "house like" two bedroom, one bath apartments. The Upper units have private balcony's, the lower units each have French doors that open to their own private yard, hook up is in place for the tenant to add a spa . Each apartment has a washer/dryer hook ups in the unit and two of the units have dishwashers. One of the lower units has an additional powder room. All the units are light and bright and have high ceilings. This is a very popular area to live in or to rent. 2 minutes to LACMA and 7 to drive to Beverly Hills. The subway is under construction at Wilshire and will be available to ride soon.

Listed by Jill Epstein | BRE #00472171 | Nourmand & Associates-BH
Last checked: 12 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 47
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Home details

Lot Sq. Ft
6,025
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24369001
City
Los Angeles
County
Los Angeles
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,282
  • Total Rent: $2,282
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,704
  • Total Rent: $2,704
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.36
  • Gross Scheduled Income: --
  • Net Operating Income: $133,032
  • Gross Operating Income: $140,232
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 924 S Orange Grove Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Gravity
Laundry Information
  • Has Laundry
  • Washer Included
Room Information
  • Flooring: Wood, Carpet
  • Entry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Permit Required, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5086012011
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Wilshire. Just east of Fairfax
View more facts & features

Local Los Angeles Agent

Sale History for 924 S Orange Grove Ave

Last sold for $435,000 on January 15th, 1999

  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: 24369001

    $2,495,000

    Price

  • March, 2024

  • Mar 14, 2024

    Date

    Expired

    CRMLS: 23311577

    $2,495,000

    Price

  • Sep 15, 2023

    Date

    Active

    CRMLS: 23311577

    $2,495,000

    Price

  • Listing provided courtesy of CRMLS

    Pride of ownership fourplex in the desirable Miracle Mile area. One lower unit is delivered vacant, ideal for owner user. The building consists of four "house like" two bedroom, one bath apartments. The Upper units have private balcony's, the lower units each have French doors that open to their own private yard, hook up is in place for the tenant to add a spa . Each apartment has a washer/dryer in the unit and two of the units have dishwashers. One of the lower units has an additional powder room. All the units are light and bright and have high ceilings. Property is Ideal for a family or an investor. The building next-door was converted to a tenant in common, each of those units sold for $765,000. This is a very popular area to live in or to rent. 2 minutes to LACMA and 7 to drive to Beverly Hills. The subway is under construction at Wilshire and will be available to ride soon.

  • January, 1999

  • Jan 15, 1999

    Date

    Sold (Public Records)

    Public Records

    $435,000

    Price

  • January, 1999

  • Jan 15, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 924 S Orange Grove Ave

Assessed Value (2020): $622,632
Year Land Value Improved Value Assessed Value
2020 $393,620 $229,012 $622,632

Home Value Compared to the Market

This property vs the competition

924 S Orange Grove Ave is listed 87.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $425.39 per/sqft which puts the price per square foot 45.04% lower than the median price per square foot for the city of Los Angeles.

About 924 S Orange Grove Ave

Detailed summary of property

924 S Orange Grove Ave is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 5,395 living square feet, and sits on an approximately 6,025 square foot lot. 924 S Orange Grove Ave was first listed on ArdentRealEstateGroup.com on March 18, 2024. The homeowner is currently asking $2,295,000 and was originally asking $2,495,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 87.35% higher than the median priced home. Local competing homes currently for sale include 1132 S Crescent Heights Blvd, 6446 W 6th St and 8013 W 4th St. While the average home in Los Angeles, CA is selling in 96 days, 924 S Orange Grove Ave has a days on market of 47 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 924 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 924 S Orange Grove Ave

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
5,395
Lot Size
6,025
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
5086-012-011

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.
$900
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
53
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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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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