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… Read More 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. Read Less
Property listed by eXp Realty of California Inc, Jenny Um 888-584-9427
Listing Snapshot
Days Online
22
Last Updated
Property Type
Other
Beds
6
Square Ft.
5,666
Lot Size
0.17 Acres
Year Built
1941
MLS Number
24455707
30 Days Snapshot Of 90019
$1,504k
+11%
(avg) sold price
8
-52%
homes sold
82
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Dryer
Building
Built in 1941, Building area total: 5,666, Levels: One, Living area: 5666, 1 story, 2 buildings, Architectural style: Mediterranean
Cooling
CentralAir
Floors
Laminate, Stone
Heating
Central, WallFurnace
Income
Gross income: $199,200, Net operating income: $174,200
Lot
0.1672 acres, 7,284 square feet, Size: 7,284
Property
Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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