2622 South Orange Drive
2622 South Orange Drive
$1,595,000
9
5
3,764
3,764
$424
Description
Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking...Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!
- Listed by Armin Soleimani • DRE #01846872 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
- Listed by Julio Ruiz • DRE #01911261 • Brokerage DRE #01911261 • Global Platinum Properties, Inc.
Property Details for 2622 South Orange Drive
Water Front
None
ZoningLARD1.5
StyleTraditional
Parcel Number5049014006
Total Units4.0
Living Area3764
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Location
LISTING UPDATED: 05/16/2024 12:32 PM
Property Details for 2622 South Orange Drive
Status | Active |
---|---|
MLS # | 24-385755 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1966 |
Lot Size | 0.11 AC / 4,800 SF |
County | Los Angeles County |
Location
Building Information for 2622 South Orange Drive
Stories2Residences-Year Built1966Building Size-Lot Size0.11 AC / 4,800 SF
Payment Calculator
$9,669 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2622 South Orange Drive
Property History for 2622 South Orange Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2622 South Orange Drive
Taxable ValueLand$646,999Additions$273,299Total$920,298
Tax Record2023$11,564 ($964 / month)
Home Facts
Total Finished SqFt3,764 SqFtAbove Grade Finished SqFt3,764 SqFtLot Size4,800 SqFtStyleQuadraplexZoningLARD1.5CountyLOS ANGELESAPN5049-014-006
Schools near 2622 South Orange Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Cienega Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
New Los Angeles Charter School Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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