2627 Orchard Ave
Los Angeles, CA 90007

Bd   — Ba   3,227 Sqft
We are pleased to offer for sale this ten (10) bedroom + five (5) bathroom student housing multi-family investment opportunity located at 2627 Orchard Avenue, just a short distance from the internationally renowned University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation built in 1902 with a square footage of 3,227 on a 6,174-square foot lot.The subject property represents a very desirable asset in the supply-constrained USC market.
  • Neighborhood: Congress North
  • Days on Movoto: 152
  • Year Built: 1902
  • HOA: $0 HOA
  • $/Sqft: $496
  • Lot: 6,174 Sqft
  • Property Type: Multi Family
  • MLS#: 16167426
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Davis Saadian
  • Movoto last checked CRMLS for new data 14 hours ago
  • CRMLS last updated this listing 1 month ago
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Property History

Status
Date
Price
Sold
Mar 1, 2017
$1,600,000
Pending
Sep 30, 2016
Listed
Sep 30, 2016
$1,550,000
#16167426

Public Record

3 Beds
1 Baths
3,227 Sqft Building Area
Duplex (2 units, any combination)
6,174 Sqft Lot Size
$927,509 Last Sale Price
05/31/2013 Last Sale Date

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2627 Orchard Ave
  • $1,600,000
  • Sold

    152 days

  • — Bd
  • — Ba
  • 3,227 Sqft
  • $496/Sqft
  • 6,174 Sqft Lot
  • Built 1902
2627 Orchard Ave is a multi family home located in 90007 in Los Angeles, CA. It was last listed for $1,600,000, which is 94% above the current market median of $824,450 in 90007 and 62% above the market median of $989,950 in Los Angeles. 2627 Orchard Ave is approximately 3,227 Sqft, which is 88% above the median size in Los Angeles of 1,713 Sqft and 71% above the median size in 90007 of 1,890 Sqft. This property's price per square foot was $496, which is 14% above the current median in 90007 of $436 and 19% below the Los Angeles median of $615. As of today, , there are 4 properties listed for sale in ZIP code 90007 and 2,014 properties listed for sale in the city of Los Angeles. Of those 2,014 properties, there are 1,415 single family houses and 599 condos.
Built in 1902, this multi family house at 2627 Orchard Ave, Los Angeles CA, 90007 is approximately 3,227 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $496. 2627 Orchard Ave is located in the Congress North neighborhood in the Los Angeles Unified School District. The closest school is Vermont Avenue Elementary School.

2627 Orchard Ave, Los Angeles CA, 90007 was on the market for 152 days. The median days on the market for properties in this area is 36 with a median list price of $989,950 and median cost per square foot of $615. Its current status is sold under the MLS #16167426.

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