Active
2622 S Orange Dr
Los Angeles CA, 90016
$1,595,000
$423.75 per sqft
Active
9 Beds
5 Baths
3,764 sqft
Residential
Built in 1966
Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!
24-385755
MLSⓇ ID
April 29, 2024
Listed
May 16, 2024
Updated
Map
2622 S Orange Dr
Los Angeles CA, 90016
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
5
Appliances
Ceiling Fan, Refrigerator, Range/Oven
Laundry Description
None
Floor Description
Laminate
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Ceiling Fan
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
Front Yard
Architectual Style
Traditional
Sewer
In Connected and Paid
Other Property Details
Area Name
Mid Los Angeles
Days on Market
17
Garage
No
Parking
Covered Parking
Parking Total
4
View
No
View Description
None
County
Los Angeles
Water Source
District
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
|---|---|---|
5/16/2024 | Price Change | $1,595,000 -2% |
5/15/2024 | Active | — |
5/10/2024 | Price Change | $1,625,000 1% |
5/10/2024 | Under Contract | — |
Listed by Armin Soleimani with Global Platinum Properties, Inc.
Listing Contact: 310-666-2246
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/16/2024
