$2,200,000
For Sale

1858 S Orange Drive

Los Angeles, CA 90019
0.15 acres | #DW24207518
Listing OfficeDivinus Real Estate Solutions
Browse 21 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Lot DescriptionZeroToOneUnitAcre, CornerLot, FrontYard, Landscaped, Paved
      • Property TypeMulti-Family
      • Exterior MaterialsRainGutters
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,200,000
      • MLS #DW24207518
      • MLS #DW24207518
      • Property SubtypeMixedUse
      • Taxes Annual$10,995
      • Cost2200000
      • Acres0.1548
      • Utility SourcePublic
      • Year Built1928
      • FoundationSlab
      • Stories2

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
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20.0%

Interest Rate

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5.0%

Tax Rate

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1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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