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$1,595,000
9 bed
3,764 Sqft
4,800 Sqft lot

2622 S Orange Drive, Los Angeles, California 90016

  • Residential Income Property Type
  • 19 Days Time on market
  • $424 Price per sqft
  • 1966 Year Built
Property Description

Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three — a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone — a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!

Basic Details
Residential Income
Buy
24385755
$1,595,000
9
3,764 Sqft
1966
4,800 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Refrigerator
: Traditional
4
$0
: Sewertappaid
Address
CA
Los Angeles
Los Angeles
90016
2622 S Orange Drive
2622
Drive
0
W119° 38' 48.5''
N34° 1' 54.2''
S
Additional Information
19
2
2
5
: Two
3,764 Sqft
0 Sqft
0 Sqft
: Ceiling Fan(s)
0.11 Sqft
4,800 Sqft
1
0 Sqft
LARD1.5
5049014006
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
29/04/2024 16:41:38
$1,625,000
: Standard
From Adams Blvd., turn South onto Orange Drive.
Global Platinum Properties, Inc.
Armin Soleimani
CLW-X82397
CLW-C120232
$0
4.83
West
: Laminate
1
: Front Yard
1
: Double Pane Windows
0
0
1
1
4
Updated/Remodeled
105792
US-06037-N-5049014006-R-N
30/04/2024 00:35:30
Orange
C16 - Mid Los Angeles
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