1858 South Orange Drive Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 6,065 sqft
Price per Sqft $313
MLS Listing ID DW-24207518
Style Custom Built,Spanish
Year Built 1928
Lot Size 6,743 Sqft
Property Sub-Type Commercial/Residential
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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet,Laminate,Tile,Vinyl
Fireplaces Type None
Inclusions Contact Agent.
Laundry Community,Inside
Exterior
Exterior Feature Rain Gutters
Parking Features Auto Driveway Gate
Pool None
Community Features Biking,Curbs,Gutters,Sidewalks,Street Lights,Urban
Utilities Available Sewer Connected,Water Connected,Electricity Connected,Natural Gas Connected
Building
Lot Description Corner Lot,Front Yard,Landscaped,Paved,0-1 Unit/Acre
Sewer Public Sewer