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2924 S Orange Dr, Los Angeles, CA, 90016

4beds
2baths
1,514sqft
$1,399,000
$924price/sqft
$9,186/moest. monthly cost
$367,440/yrincome needed

About This Home

This offering presents a rare opportunity to acquire two strategically located adjacent parcels in Los Angeles, ideal for streamlined residential development under highly favorable conditions. Key Investment Highlights: ED 1 Designated Properties: 2929 S. Mansfield holds “Eligible Site” status and 2924 S. Orange Dr. holds “Review Eligibility” status

Getting Around

87
WalkingVery Walkable
60
TransitGood Transit
81
BikeVery Bikeable

Schools

5/10
3/10
Audubon Middle SchoolGrades 6-82.0 mi

Construction

Condition

  • Year built: 1970

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 1,514
  • Total interior livable area: 1,514 sqft

Property

Details

  • Parcel number: 5049032047
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 7,200 sqft
  • Features: 2-5 Units/Acre,Street Level

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,074$84,888
Home Insurance *$188$2,256
Property Taxes $1,526$18,312
Electricity $398$4,786
Total$9,186$110,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$314,948/yr
40% on housing$275,580/yr
45% on housing$244,960/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$924This listing

vs Other Active Listings

Avg $/sqft

ZIP 90016$498
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90016$762
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-13Listed for sale$1,399,000
2025-12-06Listing removed$1,649,999
2025-06-23Listed for sale$1,649,999
2000-06-05Sold$189,000
1998-05-13Sold$171,000
1997-12-26Sold$131,000
1997-08-13Sold$124,000

For Sale by Agent

AgentJustin White
BrokerageJustin White

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