NOT LISTED FOR SALE

1420 S Orange Grove Ave Los Angeles, CA 90019

Mid-City Neighborhood
13 Beds
9 Baths
8,196 Sq Ft
9,444 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $1,805,000 $220 Per Sq Ft

15 Days on Market

About This Home

As of September 2016

We are pleased to present for sale a nine-unit, multifamily property located at 1420 South Orange Grove Avenue in Los Angeles, California. The property's neighborhood, PicFair Village, is an area poised for growth dueto its proximity to several of the city's most prestigious neighborhoods. Centralized between Beverly Hills, Carthay Circle, Culver City, and Miracle Mile, this property is primely positioned in Los Angeles' next trending housing market.PicFair Village is principally comprised of single family homes, duplexes, and four-plexes. Renters who want to live in a trendy yet quiet neighborhood will be pleased by PicFair's low- density zoning. Families who value elite education experiences will be drawn to this area by one of the top magnet schools in Los Angeles - the Center for Enriched Studies. A plethora of local dining and shopping options are just steps away on the dense retail corridor of Pico Boulevard.

Last Agent to Sell the Property

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 07/12/2016

Last Buyer's Agent

Jason Tuvia

Marcus & Millichap License #01772495 Listed on: 07/12/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,444

Interior Spaces

  • 8,196 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 9,444 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 5068-022-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8196
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 219.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 150935
  • Assessed Land Value: 39753
  • Assessor Parcel Number: 5068-022-005
  • Geocode Override: No
  • Lot Size Area: 9444

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 18.05
  • Number Of Units: 9
  • Total Annual Expense: 45769
  • Type Of Units: 1+1, 2+1
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $1,805,000 +0.6% $220 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $1,795,000 -- $219 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-143160

The MLS