$ 2,399,000
1114 S Orange DR Los Angeles, CA 90019
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$ 2,399,000
Est. payment /mo
New
1114 S Orange DR Los Angeles, CA 90019
6 Beds
5 Baths
5,666 SqFt
UPDATED:
10/23/2024 08:00 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,666 sqft
Price per Sqft $423
MLS Listing ID 24455707
Bedrooms 6
HOA Y/N No
Year Built 1941
Lot Size 7,283 Sqft
Acres 0.1672
Property Description
The location of the property is amazing. This well-maintained property was renovated in 2024 and consists of two 1-bedroom+ bath unit, one 3-bedroom+2 bath unit and a 1-bedroom+1bath ADU unit. The 3 bedrooms+2 bath unit has been fully remodeled. The some of the features in the remodeled 3-bedroom unit are European finish fixtures, quartz countertops/ kitchen island, Viking stove, updated stainless steel appliances, recessed lighting and a new washer/dryer. The rooms in the 2 one-bedroom units are big enough to be converted to two-bedroom units for increased financial opportunity. The 7,281 square foot lot + 5,065 square foot main building + 600 square foot one bedroom and one-bathroom ADU that was recently built out has a total 5,665 square foot living area located within a highly desirable pocket of Mid-City Los Angeles. The property sits at HPOZ zoning. La Brea Avenue providing convenient access to daily errands, retail and entertainment venues. The continued gentrification of the surrounding area along with the remaining value add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1114 South Orange Drive an excellent investment opportunity.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR2
Interior
Heating Central, Wall Furnace
Cooling Central Air
Flooring Laminate, Stone
Fireplace No
Appliance Dishwasher, Dryer
Exterior
Attached Garage No
Building
Story 2
Entry Level One
Architectural Style Mediterranean
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5084020008
Special Listing Condition Standard
Listed by Jenny Um • eXp Realty of California Inc