1858 South Orange Drive
$2,200,000
5
7
6,065
6,065
$363
Description
Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 7-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential. Opportunity for long-term appreciation in a market poised for equity. The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand....Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 7-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential. Opportunity for long-term appreciation in a market poised for equity. The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment. The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes. The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity over time, or capitalize early over the wave of growth Los Angeles’ 2028 Olympics is bringing. This submarket continues to attract renters, buyers, builders, and developers, driven by its central location and diverse lifestyle offerings.
- Listed by Leonardo Aguilar • DRE #02051905 • Brokerage DRE #02055098 • Divinus Real Estate Solutions • 562-659-2686
Property Details for 1858 South Orange Drive
Architectural Style
Custom Built, Spanish
Parking Spaces Total7
Private PoolNo
Cooling TypeNone
Total Units7.0
Building TypeDetached
Lot Size SourceAssessor
Living Area6065
LISTING UPDATED: 10/21/2024 06:30 AM
Property Details for 1858 South Orange Drive
Status | Active |
---|---|
MLS # | DW24207518 |
Days on Market | 77 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1928 |
Lot Size | 0.15 AC / 6,743 SF |
County | Los Angeles County |
Building Information for 1858 South Orange Drive
Stories2Residences-Year Built1928Building Size-Lot Size0.15 AC / 6,743 SF
Property Information for 1858 South Orange Drive
Property History for 1858 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 1858 South Orange Drive
Taxable ValueLand$487,861Additions$348,471Total$836,332
Tax Record2024$11,191 ($933 / month)
Home Facts
Total Finished SqFt6,065 SqFtAbove Grade Finished SqFt6,065 SqFtLot Size6,741 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLARD1.5CountyLOS ANGELESAPN5067-015-024
Schools near 1858 South Orange Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Saturn Street Elementary School PublicK to 5 | ||
Emerson Community Charter School Charter6 to 8 | ||
Los Angeles 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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