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.
  • Property Type: Multi Family
  • MLS#: 16167426
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Davis Saadian
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 3 months ago

Home Features for 2627 Orchard Avenue , Los Angeles

Year Built: 1902
Lot Size Square Feet: 6174
Lot Size Units: Square Feet
Price Per Square Foot: 495.82
Parcel Number: 5055014022
Special Listing Conditions: Standard
Standard Status: Closed
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Compare Similar Homes for 2627 Orchard Avenue, Los Angeles

Price estimate is $2,352,483 based on the following nearby homes which average $729/Sqft
You can refine the estimate by removing homes that are not similar
This estimate is based on the average price per square foot value of the homes in the displayed below. Movoto intended this estimate as a useful starting point to help you price this home. This is not a professional appraisal, to get one contact one of Movoto’s licensed Real Estate Agents for a comprehensive evaluation.
A 9.58 mi
1046 Princeton Dr #210
  • $1,295,000
  • For Sale

    71 days

  • 1 Bd
  • 1 Ba
  • 1,776 Sqft
  • $729 /Sqft
  • 1.06 Acres Lot
  • Built 2007
YOU
ARE
HERE
2627 Orchard Ave
  • $1,600,000
  • Sold

    152 days

  • — Bd
  • — Ba
  • 3,227 Sqft
  • $496 /Sqft
  • 6,174 Sqft Lot
  • Built 1902

Property History for 2627 Orchard Avenue, Los Angeles

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

Public Record for 2627 Orchard Avenue, Los Angeles

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

Real Estate Market Statistics for 2627 Orchard Avenue, Los Angeles

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2627 Orchard Avenue

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List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.55M

2627 Orchard Avenue

$680K

Congress North

7% y/y

Congress North

$847K

90007

13% y/y

90007

$999K

Los Angeles

5% y/y

Los Angeles

See all trends for Los Angeles
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 89% above the current market median of $847,500 in 90007 and 60% above the market median of $999,000 in Los Angeles. 2627 Orchard Ave is approximately 3,227 square feet, which is 89% above the median size in Los Angeles of 1,706 Sqft and 83% above the median size in 90007 of 1,764 square feet. This property's price per square foot was $496, which is 22% below the current median in 90007 of $632 and 20% below the Los Angeles median of $618. As of today, , there are 4 properties listed for sale in ZIP code 90007 and 2,111 properties listed for sale in the city of Los Angeles. Of those 2,111 properties, there are 1,456 single family houses and 655 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 41 with a median list price of $999,000 and median cost per square foot of $618. Its current status is sold under the MLS #16167426.

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