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For SaleLuxury

$1,700,000

4,352 sqft$391/sqft54 days on market

1642 S Orange Drive

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

10

Beds

5

Baths

4,352

Square feet

1938

Built

Listing narrative

Description

PRIME LOS ANGELES 5-UNIT INCOME PROPERTY EXCELLENT INVESTMENT OPPORTUNITY!Rare opportunity to own a 5-unit multifamily property in Los Angeles! Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional floor plans that are well-suited for long-term rental demand. All five units feature bright, spacious interiors, generous storage, and a combination of wood and tile flooring. The kitchens are equipped with appliances and ample cabinet space, while the bathrooms offer additional storage for convenience. The bedrooms are generously sized and filled with natural light.The property is conveniently located near an abundance of shopping, dining, entertainment, and everyday amenities, including Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, Planet Fitness, and much more. Additional highlight: Recent work has been completed on the parking area/retrofitting structure, adding value and peace of mind for the next owner. Whether you're an experienced investor looking to expand your multifamily portfolio or seeking a solid Los Angeles investment opportunity, this property is one you won't want to miss!Interior showings are available with an accepted offer only. Don't miss the opportunity to add this 5-unit property to your portfolio!

Listing agent (MLS): Nathan Bishop · Listing brokerage (MLS): Carolwood Estates

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,700,000

Beds

10 bd

Type

House

Home Size

4,352 sqft

Baths

5

Lot Size

0.14 acres

Year

1938

Status

For Sale

Days on Market

54

$ / Sqft

$391

· 8% down, 7% APR, 30yr fixed
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Courtesy of Carolwood Estates