Description
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).
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
45039967
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BuyOwner last updated this listing 04/27/2024 @ 08:10
- MLS: 23307653
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
Buyer Agency Compensation: 2%
Offer of compensation is made only to participants of the MLS where the listing is filed.
is a Home, with 24 bedrooms which is recently sold, it has 19,149 sqft, 19,211 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90036, this Los Angeles County Home are nearby neighborhoods.