1858 S Orange Drive, Los Angeles, CA 90019

$1,900,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Agent Leonardo Aguilar () 562-659-2686 Divinus Real Estate Solutions; CoList ()

List Price
$1,900,000
Price Change
▼ $300,000 1736690033
Status
ACTIVE
MLS#
DW24207518
Year Built
1928
Lot Size
6,743
Lot Location
0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Paved
Days on Market
661
Property Type
Multifamily
Style
Custom, Spanish
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

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.

Additional Information

Taxes
$10,995
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
Exterior Construction
Asphalt, Drywall, Other, Concrete
Roof
Common Roof, Flat, Flat Tile, Mixed, Other, Spanish Tile
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.