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1006 S Orange Dr
Los Angeles, CA 90019
16-Unit Multifamily Property in Miracle Mile · Multifamily Property For Sale
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16 Units
Investment Highlights
- MIRACLE MILE 16-Unit Multifamily Opportunity
- 1006 S Orange Drive is Ideally Located in the Miracle Mile, Immediately Off Olympic and a Short Distance to Many Local Destinations.
- Amenities Include an On-Site Laundry Room, Attractive Landscaping, and an Inviting Backyard that Helps Attract and Retain Strong Renters.
- The Property Features Four (4) 1-Bedroom/1-Bathroom Units, Two (2) Junior 1- Bedroom/1-Bathroom Units, and Ten (10) Studio Apartments.
- 1006 S Orange Drive Offers Strong Income Metrics, Along with Further Upside.
- Located Within Minutes of World-Class Dining, Shopping, and Entertainment Venues.
Property Facts
| No. Units | 16 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 10,544 SF |
| Property Subtype | Apartment | Average Occupancy | 88% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1928 |
| Zoning | R3-1, Los Angeles | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 10,544 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 50 - 448 |
| 1+1 | 6 | - | 600 |
Property Taxes
| Parcel Number | 5084-011-020 | Improvements Assessment | $1,023,591 |
| Land Assessment | $1,195,209 | Total Assessment | $2,218,800 |
Property Taxes
Parcel Number
5084-011-020
Land Assessment
$1,195,209
Improvements Assessment
$1,023,591
Total Assessment
$2,218,800
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