$1,900,000

1858 S Orange Drive, Los Angeles, CA 90019

6,065 sqft

other
Built in 1928
6,743sqft lot
—— car garage
$313/sqft
Listed 1 year ago

Property Description

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.

Listing Status:: Active
Date Added:: October 6, 2024 at 05:00AM
Listing Office:: Divinus Real Estate Solutions : 562-353-9064
Listing Agent:: Leonardo Aguilar : 562-659-2686
MLS ID:: DW24207518

Laundry: Common AreaInside
Flooring: CarpetLaminateTileVinyl
A/C: None
Heating: Wall Furnace
Fireplace: None

General: Rain Gutters
Style: CustomSpanish
Pool: None
Parking: Electric GateParking spaces: 7

Roofing: Common RoofFlatFlat TileMixedOtherSpanish Tile
Windows: Insulated WindowsScreens
General: AsphaltDrywallOtherConcrete2Slab

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LARD1.55067015024
Fencing: Chain LinkNew Condition

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedElectricity - On Property
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM
Exclusions: Contact Agent.

This listing courtesy of Leonardo Aguilar, Divinus Real Estate Solutions

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Saturn Street Elementary

5360 Saturn St, Los Angeles, CA, 90019

Grades KG-5

0.54 miles away

Johnnie Cochran Jr. Middle School

4066 W Johnnie Cochran Vis, Los Angeles, CA, 90019

Grades 6-8

1.28 miles away

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.