For Sale Multi-Family MLS# 26898321

1642 S Orange Drive

Los Angeles, CA 90019

$1,700,000

california-regional-mls-rsd logo

About 1642 S Orange Drive

PRIME LOS ANGELES 5-UNIT INCOME PROPERTY EXCELLENT INVESTMENT OPPORTUNITY!Rare opportunity to own a 5-unit multifamily property in Los Angeles! Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional floor plans that are well-suited for long-term rental demand. All five units feature bright, spacious interiors, generous storage, and a combination of wood and tile flooring. The kitchens are equipped with appliances and ample cabinet space, while the bathrooms offer additional storage for convenience. The bedrooms are generously sized and filled with natural light.The property is conveniently located near an abundance of shopping, dining, entertainment, and everyday amenities, including Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, Planet Fitness, and much more. Additional highlight: Recent work has been completed on the parking area/retrofitting structure, adding value and peace of mind for the next owner. Whether you're an experienced investor looking to expand your multifamily portfolio or seeking a solid Los Angeles investment opportunity, this property is one you won't want to miss!Interior showings are available with an accepted offer only. Don't miss the opportunity to add this 5-unit property to your portfolio!

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1938
Stories
2
Living area
4,352 sqft
Price / sqft
$391
Lot
0.1447
Original price
$1,700,000
MLS #
26898321

Interior

Appliances
Disposal, Refrigerator
Flooring
Laminate, Tile
Cooling
Wall/Window Unit(s)

Exterior & lot

Features
Parking spaces: 5
Construction
2
Lot
LARD2
Parking
Assigned, Carport

Schools

District
Los Angeles Unified School District

Financial

Parcel
5067003036
Special conditions
Standard

Location

Area
C16 - Mid Los Angeles
County
Los Angeles
Neighborhood
Mid City
Directions
Use Maps. S. Venice Blvd and W. of La Brea

Ask about this property

Questions on 1642 S Orange Drive, Los Angeles, CA 90019, or want to see it in person?

Listed by Nathan Bishop, Carolwood Estates

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.