NOT LISTED FOR SALE

1557 S Orange Grove Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,808,000 - $2,518,439

3 Beds
2 Baths
1,731 Sq Ft
$1,209/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2018

Last sale price $1,565,000 $904 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,491 / mo

5 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Built-In Features
  • Wood Flooring
  • No HOA
  • Walk-In Closet

About This Home

As of August 2018

NOW OFFERING FURNISHED AND UNFURNISHED UNITS. 6 MONTH LEASE FLEXIBILITY.

Welcome to Orange Grove, a brand-new, sophisticated residential building located in the heart of PicFair Village. FULLY FURNISHED. Designed by the same visionaries behind 1030 Kings, The Studio, and Gorham II, Orange Grove offers a blend of luxury and modern living. Be the first to reside in this brand new, boutique building, meticulously crafted with design-oriented features.ThIs exclusive building houses 30 units, offering both two-bedroom and three-bedroom residences.

Latch Intercom: Equipped with a Latch Intercom Security System for secure door access. This system manages access to the package room, main building intercom, garage, elevator, and your personal unit. Grant guest access through an app and eliminate the need for keys.
Smart Home Features: Nest AC system for efficient cooling and Smart refrigerator.
Safety: A fully controlled security building with access control at every entry point and over 40 high-definition cameras for enhanced safety.

Last Agent to Sell the Property

Pam Szabo

Sotheby's International Realty License #01318125 Listed on: 06/21/2018

Sotheby's International Realty

Last Buyer's Agent

Michael Kafaei

Keller Williams Beverly Hills License #01373161

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 6,886 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,731 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Additional Features

  • Open Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5068-023-009

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

6,886 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1731
  • Stories: 1
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 863.66

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway, Garage

Utilities

  • Cooling: Central
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5068-023-009
  • Geocode Override: No
  • Lot Size Area: 6886

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
1551 South Orange Grove Llc
Bought by
1557 Orange Grove Apartments Llc
Current Estimated Value
$2,093,110

Purchase Details

Closed on
Apr 9, 2019
Sold by
1557 South Orange Grove Avenue Llc
Bought by
1551 South Orange Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 2, 2018
Sold by
Swetland Paul
Bought by
1557 South Organge Grove Avenue Llc
Seller's Agent
Pam Szabo
Sotheby's International Realty
Buyer's Agent
Michael Kafaei
Keller Williams Beverly Hills
List Price
$1,495,000
Sold Price
$1,565,000
Premium/Discount to List
$70,000
4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2009
Sold by
Citibank Na
Bought by
Swetland Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,900
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2009
Sold by
Baker Christopher
Bought by
Citibank Na

Purchase Details

Closed on
Apr 17, 2006
Sold by
Garcia Rita
Bought by
Baker Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2005
Sold by
Scheu David Allin
Bought by
Garcia Rita

Purchase Details

Closed on
Jun 3, 2004
Sold by
Martinez Emilio G
Bought by
Scheu David Allin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
1557 Orange Grove Apartments Llc $5,700,000 Chicago Title
1551 South Orange Grove Llc $4,150,000 Chicago Title Company
1557 South Organge Grove Avenue Llc $1,565,000 Fidelity National Title
Swetland Paul $540,000 Fidelity National Title
Citibank Na $670,787 None Available
Baker Christopher $775,000 Equity Title Company
Garcia Rita -- None Available
Scheu David Allin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1551 South Orange Grove Llc $3,000,000
Previous Owner 1557 South Organge Grove Avenue Llc $900,000
Previous Owner Swetland Paul $323,900
Previous Owner Baker Christopher $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Off Market $4,875 -- --
04/29/2025 04/29/25 Price Changed $4,875 +22.0% $5 / Sq Ft
01/21/2025 01/21/25 Price Changed $3,995 -7.0% $4 / Sq Ft
12/27/2024 12/27/24 Price Changed $4,295 +7.5% $4 / Sq Ft
09/19/2024 09/19/24 Price Changed $3,995 -7.0% $4 / Sq Ft
09/10/2024 09/10/24 Price Changed $4,295 +114.8% $4 / Sq Ft
09/01/2024 09/01/24 For Rent $2,000 -45.2% --
08/31/2024 08/31/24 Price Changed $3,650 +21.7% $3 / Sq Ft
08/17/2024 08/17/24 Price Changed $3,000 0.0% $3 / Sq Ft
08/09/2018 08/09/18 Sold $1,565,000 +4.7% $904 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $1,495,000 -- $864 / Sq Ft
Source: The MLS

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
2025 $28,589 $2,398,361 $2,175,260 $223,101
2024 $28,589 $2,351,335 $2,132,608 $218,727
2023 $28,033 $2,305,232 $2,090,793 $214,439
2022 $26,724 $2,260,033 $2,049,798 $210,235
2021 $26,406 $2,215,719 $2,009,606 $206,113
2019 $18,742 $1,565,000 $1,095,500 $469,500
2018 $7,473 $611,150 $488,923 $122,227
2016 $7,139 $587,421 $469,939 $117,482
2015 $7,035 $578,599 $462,881 $115,718
2014 $7,063 $567,266 $453,814 $113,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-356034

The MLS

APN: 5068-023-009

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