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1414 S Orange Dr
Los Angeles, CA 90019
1414 S Orange Dr · Multifamily Property For Sale · 5 Units

Investment Highlights

  • Appraised for $4,050,000 in February 2023. $300,000 more than offering price.
  • Spacious mix of (2) 4+4.5, (2) 3+2, and (1) 3+3.5 unit(s)
  • Solid Mid-City location, in a high development area; thoughtfully deisgned to maximize privacy
  • Not subject to state or local rent control; very low expense load to ownership
  • Newly graded concrete, EV charging, LG brand W/D, Nest Thermostats, eco-friendly landscaping, enclosed garages, privacy upgrades
  • Beautiful 5-Unit property built in 2022; $141,000 of recent capital improvements

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 7,002 SF
Average Occupancy 100%
No. Stories 3
Year Built 2022
Parking Ratio 1.71/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Refrigerator
  • Oven
  • Patio

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 1 $4,600 -
3+2 2 $3,925 -
4+4.5 2 $4,975 -

Property Taxes

Property Taxes

Parcel Number
5070-018-007
Land Assessment
$2,122,416
Improvements Assessment
$2,090,579
Total Assessment
$4,212,995
  • Listing ID: 31451238

  • Date on Market: 4/8/2024

  • Last Updated:

  • Address: 1414 S Orange Dr, Los Angeles, CA 90019

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