356 - 366 Orange Grove, Los Angeles, CA, 90036
- 24beds
- 19,149sqft
- 0.44acre
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 agent:
Saadia 'Sam' Liberow
License #01933858
Marcus & Millichap
356 - 366 Orange Grove is a Residential Income property located in Los Angeles, California, featuring a 0.441 acre lot, 19,149 sqft, 24 bedrooms, MLS #23307653.