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… Read More 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). Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
610
Last Updated
Property Type
Other
Beds
24
Square Ft.
19,149
Lot Size
0.44 Acres
Year Built
1927
MLS Number
23-307653
30 Days Snapshot Of 90036
$1.62M
-35%
(avg) sold price
4
-42%
homes sold
76
+22%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
19,149 sq ft, Built in 1927, Levels: Two
Cooling
None
Disclosures
None
Garage
None
Heating
None
Lot
LotAcreage: 0.441, LotSizeArea: 19,211
Parking
TotalParking: 15
Property
NumberOfUnits: 16, Zoning: LAR3
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