tomo logo

$2,200,000

Beds
Unknown
sq ft
6,065

1858 S Orange Dr, Los Angeles, CA 90019

1858 S Orange Dr

Los Angeles, CA 90019

  • 45 days on market
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.

Details

Property type

Mixed Use

Property condition

Updated/Remodeled

Lot size

6,743 sq ft

Price per sq ft

$363

Year built

1928

Annual property taxes

$10,995.3

Price History

10/06/2024
CRMLS

CRMLS #DW24207518

Listed
$2,200,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

Status: Active

Tomo last checked: 11/20/2024 at 6:40 AM

Listing updated: 10/21/2024 at 1:35 PM

Listed by: Leonardo Aguilar, Divinus Real Estate Solutions Phone #: (562) 353-9064

MLS: CRMLS #DW24207518

CRMLS logo

Recently listed in Los Angeles

$1,075,000|5 bd|2.25 ba|House
$7,250,000|5 bd|7.0 ba|House
$675,000|3 bd|1.0 ba|House
$4,645,000|5 bd|5.5 ba|House
$875,000|3 bd|1.75 ba|House
$1,425,000|2 bd|3.0 ba|Condo