816 South Orange Grove Avenue

Los Angeles, CA 90036

$2,400,000
Price
9
Beds
8
Baths
5,727 Sq. Ft.
$419 / Sq. Ft.
5,727
Sq. Ft.
$419
per Sq. Ft.

Description

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.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.
  1. Listed by Paul Glaviano • DRE #01979352 • Brokerage DRE #01509039 • LYNNE B WILSON & ASSOCIATES • 909-991-8557
  2. Listed by JO-DEANNA GLAVIANO • DRE #01303527 • Brokerage DRE #01509039 • LYNNE B WILSON & ASSOCIATES

Property Details for 816 South Orange Grove Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5727
Assessor Parcel Number
5086-011-007
Property Attached YN
true

Location

Listing Courtesy of LYNNE B WILSON & ASSOCIATES, Paul Glaviano, DRE #01979352; LYNNE B WILSON & ASSOCIATES, JO-DEANNA GLAVIANO, DRE #01303527
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LISTING UPDATED: 09/08/2023 02:33 PM

Property Details for 816 South Orange Grove Avenue

StatusActive
MLS #RW23008510
Days on Market477
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.14 AC / 6,028 SF
CountyLos Angeles County

Location

Listing Courtesy of LYNNE B WILSON & ASSOCIATES, Paul Glaviano, DRE #01979352; LYNNE B WILSON & ASSOCIATES, JO-DEANNA GLAVIANO, DRE #01303527
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Building Information for 816 South Orange Grove Avenue

Stories1Residences-Year Built1929Building Size-Lot Size0.14 AC / 6,028 SF

Payment Calculator

$13,286 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,098

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 816 South Orange Grove Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $87,851
  • Gross Scheduled Income: $110,196
  • Net Operating Income: $87,851
Expense Details
  • Operating Expense: $22,345
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 6826
  • Tax Census Tract: 2163.00
  • CFD/Mello-Roos Fee: $660
  • Tax Lot: 61
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,317
  • Unit Type Total Rent: $2,317
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,400
  • Unit Type Total Rent: $2,400
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,516
  • Unit Type Total Rent: $1,516
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,950
  • Unit Type Total Rent: $2,950
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 816 South Orange Grove Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 816 South Orange Grove Avenue

Taxable ValueLand$72,316Additions$56,293Total$128,609
Tax Record2023$2,254 ($188 / month)
Home Facts
Total Finished SqFt5,727 SqFtAbove Grade Finished SqFt5,727 SqFtLot Size6,028 SqFtStyleQuadraplexYear Built1929ZoningLAR3CountyLOS ANGELESAPN5086-011-007

Schools near 816 South Orange Grove Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carthay Center Elementary
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 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.

Similar Homes

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816 South Orange Grove Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on January 2, 2023 by LYNNE B WILSON & ASSOCIATES, it's currently listed at $2,400,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Carthay Center Elementary, Emerson Community Charter School and Fairfax Senior High School. 816 South Orange Grove Avenue is a 9-bed, 8-bath, 5,727 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LYNNE B WILSON & ASSOCIATES, Paul Glaviano, DRE #01979352; LYNNE B WILSON & ASSOCIATES, JO-DEANNA GLAVIANO, DRE #01303527

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.