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1858 S Orange Drive

Los Angeles, CA 90019

– beds
– baths
– sqft
6,743 sqft lot
1928 build
– on site

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 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.

Listed By CRMLS_CA / Leonardo Aguilar / Divinus Real Estate Solutions / 562-659-2686

Last checked: Checking… • Last updated Oct 21, 2024 •

MLS# DW24207518 —

The Building

Year Built:

1928
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Asphalt, Concrete, Drywall Walls, Other
Architectural Style:

Custom Built, Spanish
Roof:

Common Roof, Flat, Flat Tile, Mixed, Other, Spanish Tile
Exterior Features:

Rain Gutters
Entry Level:

1
Foundation:

Slab
Common Walls:

No Common Walls
Building Area Total:

6065.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

7
Stories Total:

2
# of Separate Gas Meters:

8
# of Separate Electric Meters:

7

Interior

Levels:

Two
Entry Location:

Front
Window Features:

Insulated Windows, Screens
Flooring:

Carpet, Laminate, Tile, Vinyl
Fireplace:

No
Fireplace:

None
Laundry:

Community, Inside
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Off of W. Washington Blvd & La Brea Ave.
Latitude:

34.04130200
Longitude:

-118.34909000

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Turnkey, Updated/Remodeled
Zoning:

LARD1.5
Lot Features:

0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Paved
Lot Size Area:

6743.0000
Lot Size Acres:

0.1548
Lot Size SqFt:

6743.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
Fencing:

Chain Link, New Condition
Fence:

Yes
Security Features:

Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Exclusions:

Contact Agent.
Road Frontage:

City Street
Road Surface Type:

Alley Paved, Paved
Additional Parcels:

No
Additional Parcels Description:

N/A
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

5
Tax Census Tract:

2183.00
Tax Year:

2024
Tax Tract:

5955
Tax Lot:

24
Tax Annual Amount:

10995.30

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5067015024

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Electricity - On Property
Water Source:

Public

The Community

Subdivision:

Tract No. 5955
Senior Community:

No
Neighborhood:

West Adams / Mid City
Features:

Biking, Curbs, Gutters, Sidewalks, Street Lights, Urban
Pool:

None
Private Pool:

No
Inclusions:

Contact Agent.
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Auto Driveway Gate
Parking Spaces:

7.00
Uncovered Spaces:

7.00

Extra Units

Number With Refrigerator:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/6/24 Oct 6, 2024	Listed / Active	CRMLS_CA	$2,200,000

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This multifamily located in Central LA, Los Angeles, CA 90019 is currently for sale for $2,200,000. 1858 S Orange Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 53 days. 1858 S Orange Drive is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Los Angeles Senior High, Saturn Street Elementary School, and Emerson Community Charter School.

Listing Courtesy of: CRMLS_CA and Divinus Real Estate Solutions. Based on information from California Regional Multiple Listing Service, Inc. as of 19:39 on Nov 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.