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356 North Orange Grove Avenue

Los Angeles CA 90036

24
16
15
19149 sq. ft.
19211 sq. ft.
Other
Currently for sale - view listing

Overview

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).

Features

24 bedrooms
16 bathrooms
15 carspaces
19149 sq. ft. floor area
19211 sq. ft. lot size
Other

Happy sellers in Los Angeles

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Local market activity for 24 bedroom other properties in Los Angeles

In the last 12 months, 1 numeral.24-bedroom other similar to 356 North Orange Grove Avenue, have been sold.

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