356 - 366 N Orange Grove Avenue, Los Angeles, CA 90036 - Berkshire Hathaway HomeServices California Properties

356 - 366 N Orange Grove Avenue, Los Angeles, CA 90036

$5,750,000 Approx. USD 24 beds, 16 baths
19,149 sqft

Listing Agent


Saadia 'Sam' Liberow | sam.liberow@marcusmillichap.com
Lic#: 01933858
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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).

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 23307653
Price: $5,750,000
Beds: 24
Baths: 16
Built in 1927
19,149 sqft
2 stories
0.44 acres
Lot size: 0.4410
County: Los Angeles
Zoning: LAR3
Parking description: None
Heating/cooling: None
Heating description: None
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 10/1/2024

 Days On Market (DOM): 204

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This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.068894, -118.356462.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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