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1858 S Orange Dr, Los Angeles, CA, 90019

15beds
8baths
6,065sqft
$1,900,000
$313price/sqft
$12,325/moest. monthly cost
$493,000/yrincome needed

About This Home

Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 8-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.

Getting Around

84
WalkingVery Walkable
53
TransitGood Transit
53
BikeBikeable

Schools

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 1928

Materials

  • Foundation: Slab
  • Roof: Common Roof,Flat,Flat Tile,Mixed,Other,Spanish Tile
  • Construction materials: Asphalt,Drywall,Other,Concrete

Type & Style

  • Home type: MultiFamily
  • Architectural style: Custom,Spanish
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Common Area,Inside

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 8

Features

  • Window features: Insulated Windows,Screens
  • Flooring: Carpet,Laminate,Tile,Vinyl
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 6,065
  • Total interior livable area: 6,065 sqft

Property

Details

  • Parcel number: 5067015024
  • Zoning: LARD1.5
  • Special condition: Standard
  • Exclusions: Contact Agent.

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None
  • Exterior features: Rain Gutters
  • Fencing: Chain Link,New Condition

Lot

  • Lot size: 6,743 sqft
  • Features: 0-1 Unit/Acre,Corner Lot,Front Yard,Landscaped,Paved

Parking

  • Total spaces: 7
  • Parking features: Electric Gate
  • Uncovered spaces: 7