$ 1,900,000
-
$1,900,000
Price -
5
Bed -
3
Bath -
6,065
SqFt
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About the Listing DWHAK - DWAGLEON
Outstanding investment opportunity in the heart of Los Angeles! Off of W. Washington Blvd & La Brea Ave - this 8-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 over time, or capitalize early over the wave of growth Los Angeles’ 2028 Olympics is bringing. This submarket continues to attract renters, buyers, builders, and developers, driven by its central location and diverse lifestyle offerings.
Listing Highlights for 1858 S Orange Dr
Status
Active
Days on Site
334
Property Type
Multi-Family
MLS ®
DW24207518
Year Built
1928
Total Square Footage
6,065
Lot/Acreage
0.15
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Corner Lot,Front Yard,Landscaped,Paved,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: LARD1.5
- Roof: Common Roof,Flat,Flat Tile,Mixed,Other,Spanish Tile
- Others: Rain Gutters,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Auto Driveway Gate
Financial Details
- Tax Amount: $10,995
- Taxes w/Assessments: N/A
- Tax/Property ID: 5067015024
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1858 S Orange Dr Los Angeles, CA 90019
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