Los Angeles, CA 90019,1858 S Orange Drive
Los Angeles, CA 90019,1858 S Orange Drive
Los Angeles, CA 90019,1858 S Orange Drive
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$2,200,000
Est. payment /mo
6,065 SqFt
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UPDATED:

10/21/2024 10:40 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,065 sqft

Price per Sqft $362

MLS Listing ID CRDW24207518

HOA Y/N No

Year Built 1928

Lot Size 6,743 Sqft

Acres 0.15

Property Description

Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 7-unit property offers a unique chance for both seasoned investors and newcomers to the market to capitalize on a coveted neighborhood with immense potential. Opportunity for long-term appreciation in a market poised for equity. The Mid-City submarket is experiencing significant growth, with various development projects underway that promise to enhance property values and rental demand. Exciting nearby developments include mixed-use buildings and residential complexes - drawing capital expenditures and infrastructure investment. The property’s strategic location adds to its appeal. Situated in the vibrant West Adams/Mid-City district, this property enjoys proximity to a wealth of amenities, freeway access, and public transportation. Lively atmosphere filled with restaurants, cafes, and shops—all within walking distance. The area’s rich scene, highlighted by historic landmarks and community events, makes it an attractive location. Notable nearby attractions, provide entertainment and dining options that cater to various tastes. The surrounding area is known for its strong sense of community, making this property a sound investment for those looking to build equity o

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate, Tile, Vinyl, Carpet

Fireplace No

Laundry Community Facility, Inside

Building

Lot Description Corner Lot, Other, Front Yard, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5067015024


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Bridge MLS
Listed by Leonardo Aguilar • Divinus Real Estate Solutions

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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1858 S Orange Drive