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Orange Triplex + ADU - Availability Details

1114 S. Orange Dr , Los Angeles, CA 90019

  • For Sale $1,500,000
  • City Los Angeles
  • Neighborhood Mid-Wilshire
  • Zip Code 90019
  • Market Los Angeles
  • Property Type Multi-Family
  • Property Size 5,665 Sqft
  • Lot Size 0.17 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1941
  • Year Renovated 2010
  • Date Updated 17 May, 2021
Mid-City is a neighborhood in Central Los Angeles, California. Attractions include restaurants and a post office named for singer Ray Charles, who had his recording studio in Mid-City. The neighborhood hosts eleven public and private schools. The K Line from north-south is proposed to serve this area.
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Contacts

broker

Kevin Daniali

Beverly Hills

(310) 432-6400

Highlights

  • VALUE-ADD OPPORTUNITY
  • Brand New ADU and Over 50% of upside on rental
  • PARKING SPACES WITH NO SEISMIC RETROFIT REQUIREMENTS
  • LONG TERM OWNERSHIP
  • DESIRABLE ZONING
  • R2 Zoning With an Opportunity to Add Additional Units Through the State’s Favorable Accessory Dwelling Unit (ADU) Program-Allowing for Added Future Growth and Appreciation Potential
  • OPPORTUNITY ZONE
  • Building is Located within Mid-City Opportunity Zone
  • EMERGING INFILL LOS ANGELES LOCATION
  • The Mid-City Submarket is a Rapidly Growing infill Urban Location Proximate to Downtown Los Angeles, Public Transit, and Major Employment Centers
  • CENTRALLY LOCATED
  • Most Errands Can Be Accomplished

Contact Listing Broker

broker

Kevin Daniali

Beverly Hills

(310) 432-6400

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