1114 S Orange Dr Active

Los Angeles,CA 90019

$ 2399000

6 Beds

5 Baths

5666 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,666 sqft

Price per Sqft $423

MLS Listing ID 24-455707

Style Mediterranean

Bedrooms 6

Year Built 1941

Lot Size 7,284 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 Beverly Center-Miracle Mile

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Central, Wall Unit(s)

Flooring Stone, Laminate, Other, Mixed, Ceramic Tile

Equipment Dishwasher, Dryer

Exterior

Garage Detached

Building

Story 2

Architectural Style Mediterranean

Level or Stories One

Others

Special Listing Condition Standard

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