2622 S Orange Drive Los Angeles, CA 90016
For sale: Recently Reduced 4-Unit Property in West Adams. This property presents an opportunity to acquire four spacious units with the potential for increased rental revenue. Of the four units, three have been recently renovated, and one remains vacant in impeccable condition. The unit mix comprises one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units. The property offers ample onsite parking and the potential to convert the parking spaces beneath the building into ADUs (Accessory Dwelling Units), a popular option in the Mid City/West Adams area. Furthermore, this property is situated in an Opportunity Zone, representing a compelling investment opportunity. The presence of a vacant unit may appeal to potential FHA buyers, and investors have the option to lease it at market rents.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site31 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