$1,595,000
Active
20 Days Online
9 Beds5 Baths3,764 SQFT
Active

2622 S Orange Drive Los Angeles, CA 90016

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Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID Number24385755
  • Home Size Source N/A
  • Year Built1966
  • Lot Size0.1102 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Traditional
  • Parking Covered
  • Parking Spaces 4
  • Number of Stories 22
  • Acreage 0.1102
  • Water Public
  • Zoning LARD1.5
  • Listing Conditions Standard
  • Property Condition Updated/ Remodeled
  • Direction Faces West

Interior Features

  • Heating Wall Furnace
  • Appliances Refrigerator
  • Flooring Laminate
  • Interior Ceiling Fan(s)
  • Fireplace Features None
  • Laundry Features None
  • Window Features Double Pane Windows
  • Fireplace No

Exterior Features

  • View None
  • Lot Front Yard

Community Features

  • Senior Community No
  • MLS Area C16 - Mid Los Angeles

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Monthly Payment (Est.)

$8,506
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