719 Orange Grove Avenue
$5,575,000
3
27
11,862
11,862
$470
Closed 8/13/24
Description
719 Orange Grove is a courtyard-style complex located 0.7 miles from The Americana and features a majority of 2-bdrm. and 2 bath units. Located just north of Glendale Ave. and Colorado St, 719 Orange Grove is 0.5 miles from the Glendale Fashion Center, and 0.7 miles from The Americana and the Glendale Galleria. The property is near a vibrant downtown district that is the perfect destination for living, working, and playing. Built in 1988, the property features an enticing unit mix of (12) 2-bdrm....719 Orange Grove is a courtyard-style complex located 0.7 miles from The Americana and features a majority of 2-bdrm. and 2 bath units. Located just north of Glendale Ave. and Colorado St, 719 Orange Grove is 0.5 miles from the Glendale Fashion Center, and 0.7 miles from The Americana and the Glendale Galleria. The property is near a vibrant downtown district that is the perfect destination for living, working, and playing. Built in 1988, the property features an enticing unit mix of (12) 2-bdrm. and 2-bath units, (2) 1-bdrm. units, and a non-conforming studio unit. Most units feature wood-laminate flooring, stainless-steel appliances, central air conditioning, and private balconies. Property amenities include controlled access, secured covered parking, and a community laundry room. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). 719 Orange Grove is offered at a 4.91% CAP and 13.75 GRM on current rents with approx. 30% rental upside. The property will stabilize at a 6.21% CAP and 11.64 GRM at the list price. Located near notable employers (KABC-7, Adventist Health Glendale Hospital and Walt Disney Animation) and blocks from Downtown Glendale, 719 Orange Grove is an ideal value-add property in the heart of a family-focused community.
Listing Agent
Property Details for 719 Orange Grove Avenue
View
None
Parking Spaces Total24
Cooling TypeCentral
Total Units14.0
Lot Size SourceOther
Living Area11862
Assessor Parcel Number5674-017-052
New ConstructionNo
LISTING UPDATED: 08/13/2024 09:13 AM
Property Details for 719 Orange Grove Avenue
Status | Closed |
---|---|
MLS # | 24383021 |
Days on Market | 91 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1988 |
Lot Size | 0.31 AC / 13,499 SF |
County | Los Angeles County |
Buyer's Agent Compensation | 2% |
Building Information for 719 Orange Grove Avenue
Stories2Residences-Year Built1988Building Size-Lot Size0.31 AC / 13,499 SF
Property Information for 719 Orange Grove Avenue
Property History for 719 Orange Grove Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 719 Orange Grove Avenue
Taxable ValueLand$2,485,305Additions$1,065,126Total$3,550,431
Tax Record2024$40,124 ($3,344 / month)
Home Facts
Total Finished SqFt11,862 SqFtAbove Grade Finished SqFt11,862 SqFtLot Size13,442 SqFtStyleMulti-Family Res (5+ Units)Year Built1988ZoningGLR4*CountyLOS ANGELESAPN5674-017-052
Schools near 719 Orange Grove Avenue
This home is within Glendale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
John Marshall Elementary School PublicK to 5 | ||
Woodrow Wilson Middle School Public6 to 8 | ||
Glendale High School Public9 to 12 | ||
Daily (Allan F.) High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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