$1,850,000
SOLD OCT 26, 2018 RENTED JUL 11, 2025

1200 N Orange Grove Ave West Hollywood, CA 90046

5 Beds
5 Baths
1,634 Sq Ft
7,550 Sq Ft Lot

Recently Sold

$1,132 Per Sq Ft

9% Above List Price

5 Days on Market

About This Home

As of October 2018

Attention Investors. Prime West Hollywood income property/development opportunity on a sizable 7550 square foot R3 lot with the potential to build up to 8 market rate units when utilizing density bonus for adding one lower income unit. Current configuration consists of three unique bungalow-style units, each with their own private courtyard patio entrance, perfect for individuals looking for an eclectic/artist retreat vibe while still being located in the center of dining, entertainment and convenience. Interior two bedroom unit currently unoccupied and will be delivered vacant at the close of escrow. An exceptional offering with multiple income-generating possibilities.

Last Agent to Sell the Property

Corey Nelson

Robust Real Estate License #01462372 Listed on: 09/21/2018

Last Buyer's Agent

Maggie Teng

License #01976185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,925

Year Built

  • Built in 1921

Parking

  • 5 Parking Spaces

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • 1-Story Property
  • 7,550 Sq Ft Lot

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5530-002-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,925

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 5

Lot Info

  • Assessed Improvement Value: 164846
  • Assessed Land Value: 1354119
  • Assessor Parcel Number: 5530-002-011
  • Geocode Override: No
  • Lot Size Area: 7550

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.70
  • Number Of Units: 3
  • Total Annual Expense: 65448.60
  • Type Of Units: Apartment
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 4, 2018
Sold by
Tres Cochinitos Llc
Bought by
1200 Orange Grove Llc
Seller's Agent
Corey Nelson
Robust Real Estate
Buyer's Agent
Maggie Teng
List Price
$1,699,000
Sold Price
$1,850,000
Premium/Discount to List
$151,000
8.89%
Current Estimated Value
$1,945,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,000

Purchase Details

Closed on
Sep 9, 2010
Sold by
Flores Raul and Flores Cynthia
Bought by
Tres Cochinitos Llc

Purchase Details

Closed on
Aug 9, 2005
Sold by
Marlow David and Shipley David
Bought by
Flores Raul and Flores Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Marlow David and David Marlow Trust
Bought by
Marlow David and Shipley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Marlow David
Bought by
Marlow David and The David Marlow Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,850,000 Lawyers Title
Quit Claim Deed -- None Available
Grant Deed $1,290,000 United Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,865,000 Construction
Closed $3,500,000 Construction
Previous Owner $1,032,000 Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $198,514 Unknown
Previous Owner $99,200 Credit Line Revolving
Previous Owner $197,000 Unknown
Previous Owner $195,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Rented $6,250 0.0% --
07/07/2025 07/07/25 Under Contract -- -- --
06/24/2025 06/24/25 For Rent $6,250 0.0% --
05/25/2025 05/25/25 For Sale $1,699,000 -8.2% $824 / Sq Ft
10/26/2018 10/26/18 Sold $1,850,000 +8.9% $1,132 / Sq Ft
09/21/2018 09/21/18 For Sale $1,699,000 -- $1,040 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2022 $23,925 $1,944,678 $1,261,413 $683,265
2021 $23,666 $1,906,548 $1,236,680 $669,868
2020 $23,864 $1,887,000 $1,224,000 $663,000
2019 $22,499 $1,850,000 $1,200,000 $650,000
2018 $19,162 $1,549,343 $1,381,201 $168,142
2016 $16,861 $1,360,000 $1,100,000 $260,000
2015 $15,737 $1,266,000 $1,128,600 $137,400
2014 $10,652 $815,000 $740,900 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-388888

The MLS

APN: 5530-002-011