Log In/Sign Up
Your email has been sent.
2938 S Orange Dr 3 Unit Apartment Building $1,599,999 ($533,333/Unit) Los Angeles, CA 90016
Investment Highlights
- Triplex in West Adams
- Located in a Federal qualified opportunity zone
- Walkscore of 83 (Very Walkable)
- 6,000 SF Lot Zoned R3 (TOC3)
- One of the most dynamic neighborhoods in LA
- Part of an assemblage of multiple properties also for sale
Executive Summary
Prime West Adams Triplex with Development Upside
Unlock the potential of this West Adams triplex, ideally situated on a 6,000 SF R3-zoned lot (TOC Tier 3) in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Located in a Federal Qualified Opportunity Zone, this property offers significant tax advantages for investors and developers alike.
With a Walk Score of 83, residents enjoy easy access to local shops, restaurants, and transit options, making this a highly desirable rental or redevelopment opportunity. The site is also part of a larger assemblage of multiple properties available for sale, presenting a rare chance to acquire a strategic footprint in a dynamic growth corridor.
Whether you're looking to generate steady rental income or explore the value-add potential through redevelopment, this West Adams gem is not to be missed.
Unlock the potential of this West Adams triplex, ideally situated on a 6,000 SF R3-zoned lot (TOC Tier 3) in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Located in a Federal Qualified Opportunity Zone, this property offers significant tax advantages for investors and developers alike.
With a Walk Score of 83, residents enjoy easy access to local shops, restaurants, and transit options, making this a highly desirable rental or redevelopment opportunity. The site is also part of a larger assemblage of multiple properties available for sale, presenting a rare chance to acquire a strategic footprint in a dynamic growth corridor.
Whether you're looking to generate steady rental income or explore the value-add potential through redevelopment, this West Adams gem is not to be missed.
Property Facts
| Price | $1,599,999 | Apartment Style | Low-Rise |
| Price Per Unit | $533,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,173 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAR3 - Multifamily Residential Development | ||
| Price | $1,599,999 |
| Price Per Unit | $533,333 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,173 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multifamily Residential Development |
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Number | 5049-032-044 | Improvements Assessment | $60,280 |
| Land Assessment | $736,878 | Total Assessment | $797,158 |
Property Taxes
Parcel Number
5049-032-044
Land Assessment
$736,878
Improvements Assessment
$60,280
Total Assessment
$797,158
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2938 S Orange Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.