StatusAccepting Backup Offers (Active Under Contract)
About 356-366 N Orange Grove Ave
The Orange Grove Portfolio - 356, 360, 366 N Orange Grove Ave, represents an extraordinary opportunity to purchase assets that haven't been available for sale in over 50 years! It's a one-of-a-kind chance that will allow the astute investor to purchase 3 contiguous parcels located within a highly desirable sub-market characterized by affluent demographics and substantial barriers to entry. This expansive 19,201 square-foot property, spread across three contiguous parcels, represents an exceptional investment opportunity with its LAR3 zoning providing a solid foundation for various residential development projects. Additionally, its Tier 3 classification within the Transit Oriented Communities (TOC) program offers strategic benefits, including density bonuses, height incentives, and potential parking reductions, making it an ideal canvas for high-value multi-unit housing or innovative urban developments. Per our calculations, a buyer can build up to twenty-eight (28) units (buyer to verify).
Property Details
Property Features
Property Information:
Year Built: 1927
Stories: 2
Living Area: 19,149 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Saadia 'Sam' Liberow
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 24
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.44 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: Near cross streets N Orange Grove Ave and Oakwood Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $5,750,000
Price Per SqFt: $300/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $4.7M more than the Median Sold Price and $340/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #23307653
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Saadia 'Sam' Liberow
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Hancock Park Elementary
408 S Fairfax Ave
Distance between this listing and this school0.50 miles
Public District Grades KG-5
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school0.86 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school1.01 miles
Public District Grades KG-5
Nearby Schools
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school1.46 miles
Public District Grades KG-8
4
/10
Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school1.58 miles
Public District Grades 6-8
Nearby Schools
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school0.26 miles
Public District Grades 9-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school0.43 miles
Public District Grades 9-12
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school1.17 miles
The neighbors living near this home have an average income of $81,908. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 356-366 N Orange Grove Ave
What is the listing price of this property?
The listing price of 356-366 N Orange Grove Ave property is $5,750,000.
What type of property is this?
The property 356-366 N Orange Grove Ave is a house located in Los Angeles, California, 90036.
Is this property for sale now?
Accepting Backup Offers: 356-366 N Orange Grove Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
How many bedrooms and bathrooms does this property have?
The property at 356-366 N Orange Grove Ave has 24 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 356-366 N Orange Grove Ave is 19,149 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 356-366 N Orange Grove Ave is 1927.
Interested in 356-366 N Orange Grove Ave? Let's connect.
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This home is located at 356-366 N Orange Grove Ave in Los Angeles, CA and zip code 90036 in the Central LA neighborhood. This 19,149 square foot home, which was built in 1927, sits on a 0.44 acre lot. Features: 24 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since September 07, 2023 and is currently priced at $5,750,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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