Sold 3/1/17

2627 Orchard Ave
Los Angeles, CA 90007

Bd   Ba   3,227 Sqft   152 Days
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.
  • $0 HOA
  • $496/Sqft
  • MLS#16167426 provided by Davis Saadian of Marcus & Millichap
  • Movoto last checked CRMLS for new data 14 hours ago
  • CRMLS last updated this listing 5 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
Exterior
Number Of Buildings: 2
Building Area Total: 3227
Parking Features: Parking Space
Number Of Units Total: 10
Amenities / Utilities
Laundry Features: See Remarks
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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

Real Estate Market Statistics for 2627 Orchard Avenue, Los Angeles

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2627 Orchard Avenue

No data!
Congress North
Los Angeles
90007
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.55M

2627 Orchard Avenue

$649K

Congress North

-5% y/y

Congress North

$699K

90007

0% y/y

90007

$969K

Los Angeles

1% y/y

Los Angeles

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Refinance Rates for 2627 Orchard Avenue, Los Angeles

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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
2627 Orchard Ave in 90007 was last listed for $1,600,000. As of today, , this is 65% above the current median price of $969,500 for the city of Los Angeles, CA and 129% above the median of $699,999 for ZIP code 90007. Right now, there are 6 properties for sale in 90007 and 2,056 properties listed for sale in Los Angeles. Those 2,056 properties are made up of 1,453 single family homes and 603 condos. The square footage of 2627 Orchard Ave is approximately 3,227, which is 92% above the median size of 1,680 Sqft in Los Angeles and 101% above the median size of 1,607 square feet in ZIP code 90007. This property's price per square foot was $496, which is 22% above the current $405 median in 90007 and 18% below the $606 Los Angeles median.
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 39 with a median list price of $969,500 and median cost per square foot of $606. Its current status is sold under the MLS #16167426.

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