Stacey Alysson Melman

1858 S Orange DR Los Angeles CA 90019 MLS #DW24207518

1858 S Orange DR
Los Angeles, CA, 90019
$1,900,000
Beds
0 Baths
0 SqFt
0.15 Acres
Add
MLS #DW24207518 image #0
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.
AGENT: Leonardo Aguilar
LISTING BROKERAGE: Divinus Real Estate Solutions
1858 S Orange DR
Los Angeles, CA

Property Details

Price:
$1,900,000
MLS #:
DW24207518
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c17midwilshire
Listed Date:
Oct 6, 2024
Total Sq Ft:
6,065
Lot Size:
6,743 sqft / 0.15 acres (approx)
Year Built:
1928
Spanish, Custom BuiltC17 – Mid-wilshireC17midwilshire
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Schools

Interior

Cooling
NO
Flooring
TILE, LAM, VINY, CARP
Heating
WL
Laundry Features
CM, IN
Levels
U

Exterior

Architectural Style
SPN, CB
Common Walls
NCW
Community Features
SDW, SL, URB, CRB, CW, BIKI
Construction Materials
OTH, ASP, CON, DWAL
Exterior Features
RG
Fencing
CH, NEW
Parking Spots
7
Parking Total
7
Roof
COM, SPT, FLT, FLTR, MIX, OTH
Security Features
SD, AG, COD
Window Features
SCR, INSW

Financial

Gross Operating Income
$129,096
Net Operating Income
$95,965
Tax Year
2024
Taxes
$10,995

Map

Community

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