1 year on rocket

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

$2,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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816 S Orange Grove Ave, Los Angeles$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1929
MLS #RW23008510
Lot Size0.14 Acres
StatusActive

About 816 S Orange Grove Ave

Mid-Wilshire gem now available! Incredible investment opportunity for a quadruplex that has not been sold in 40+ years! Total of 9 Bedrooms, 8 Bath, with 4 single car garages. 3 garages are not currently leased to tenants. Potential to increase income with added parking in rear or convert to ADU's. Buyer to verify with City. 2 units have recently been renovated and all have hardwood floors throughout.

Property Details

Property Features

Property Information:

  • Year Built: 1929

Listing Office:

  • Office Name: LYNNE B WILSON & ASSOCIATES
  • Office Phone: (909) 991-8557
  • Listing Agent: Paul Glaviano

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Ralph Waldo Emerson Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Carthay Center Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: South of 8th Street - East of Fairfax

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000

Tax Information:

  • Annual Amount: $2,113
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

816 S Orange Grove Ave vs Los Angeles

462 DAYS ON ROCKET

+428 Days

$2,400,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RW23008510

Listing Office:

  • Office Name: LYNNE B WILSON & ASSOCIATES
  • Office Phone: (909) 991-8557
  • Listing Agent: Paul Glaviano

IDX 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: 4/23/2024, 5:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,113$123,617
2020$2,062$122,351
2019$1,952$119,953
2018$1,922$117,602
2017$1,922$115,297

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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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.

Elementary School

school-card-donut-2394365
7
/10

  • Carthay Center Elementary School

  • 6351 W Olympic Blvd

  • 0.45 miles

  • Public District Grades KG-6

school-card-donut-2394366
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.89 miles

  • Public Magnet Grades KG-6

school-card-donut-2394367
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 18.41 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2394368
6
/10

  • Ralph Waldo Emerson Middle School

  • 1650 Selby Ave

  • 4.28 miles

  • Public District Grades 6-8

school-card-donut-2394369
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.76 miles

  • Public District Grades 6-8

High School

school-card-donut-2394370
4
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 1.60 miles

  • Public Magnet Grades 9-12

school-card-donut-2394371
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.69 miles

  • Public Magnet Grades 9-12

school-card-donut-2394372
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.11 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,387. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90036›816 S Orange Grove Ave

This home is located at 816 S Orange Grove Ave in Los Angeles, CA and zip code 90036 in the Central LA neighborhood. This home, which was built in 1929, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 17, 2023 and is currently priced at $2,400,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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