$1,585,000
- Beds
- 9
- sq ft
- 3,764
2622 S Orange Dr, Los Angeles, CA 90016
2622 S Orange Dr
Los Angeles, CA 90016
- 62 days on market
- Price drop $10,000↓
For sale: Recently Reduced 4-Unit Property in West Adams. This property presents an opportunity to acquire four spacious units with the potential for increased rental revenue. Of the four units, three have been recently renovated, and one remains vacant in impeccable condition. The unit mix comprises one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units. The property offers ample onsite parking and the potential to convert the parking spaces beneath the building into ADUs (Accessory Dwelling Units), a popular option in the Mid City/West Adams area. Furthermore, this property is situated in an Opportunity Zone, representing a compelling investment opportunity. The presence of a vacant unit may appeal to potential FHA buyers, and investors have the option to lease it at market rents.
Details
Property type
Property condition
Updated/Remodeled
Lot size
4,800 sq ft
Price per sq ft
$422
Year built
1966
HOA
No
Price History
05/31/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24385755
Price change
$1,585,000
-0.63%
05/16/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24385755
Price change
$1,595,000
-1.85%
05/15/2024
![CLAW](/_next/static/media/clawLogo.95a18e7e.png)
CLAW #24385755
Listed
$1,625,000
Schools & Community
Neighborhood:
West Adams
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 8:25 AM
Listing updated: 05/31/2024 at 10:34 AM
Listed by: Armin Soleimani, Global Platinum Properties, Inc. Phone #: (424) 394-1030
MLS: CLAW #24385755
![CLAW logo](/_next/static/media/clawLogo.95a18e7e.png)
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