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 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.
Property Details
Price:
$2,399,000
MLS #:
24455707
Status:
Active
Baths:
0
Address:
1114 S Orange Drive
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Oct 22, 2024
State:
CA
ZIP:
90019
Lot Size:
7,284 sqft / 0.17 acres (approx)
Year Built:
1941
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Schools
Interior
Appliances
Dishwasher
Cooling
Central Air
Flooring
Stone, Laminate
Heating
Central, Wall Furnace
Exterior
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1114 S Orange Drive Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1114 S Orange Drive
Los Angeles, CA
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