2945 S Orange Drive Los Angeles, CA ^$ 1,049,000

2945 S Orange Drive

^$ 1,049,000

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2945 S Orange Drive

Los Angeles, CA, 90016

^$ 1,049,000

Bedrooms2 Baths2.0 Sq 1,328

Monthly Estimate*

^$ 7,328

Listed by Keller Williams Larchmont

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Multi-Family Home for sale in Los Angeles, CA

for $1,049,000 with 2 bedrooms and 2 full baths. This 1,328 square foot home was built in 1949 on a lot size of 0.1103.

Duplex located in the bustling neighborhood of West Adams. This two-unit income property offers a contemporary retreat with a touch of mid-century charm. Recently renovated by a talented designer, the property boasts chic lines, a light, bright palette, and stylish finishes throughout. Each unit features one bedroom and one bathroom, providing comfortable living spaces ideal for urban dwellers. As you enter, you're greeted by newly installed floors that flow seamlessly into the living area. The kitchens have been thoughtfully redesigned with modern appliances and elegant countertops, making meal preparation a breeze. The bathrooms have also been upgraded with sleek fixtures and finishes, adding a touch of modernity to daily routines. Conveniently located just two blocks from the LA Metro Exposition Line, residents enjoy easy access to downtown LA, USC, Culver City, and Santa Monica. Additionally, the neighborhood is dotted with a variety of restaurants, galleries, and businesses, ensuring there's always something to discover right at your doorstep. Whether you're an investor seeking rental income or a savvy buyer looking for a stylish urban retreat, this property offers the perfect blend of modern convenience and timeless appeal. Don't miss out on this opportunity to own a piece of LA's vibrant landscape schedule a showing today!

Multi-Family Active

Price

^$ 1,049,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1103

Year Built

1949

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24367813

Days on Market

Features

General

Heating WallFurnace

Possession CloseOfEscrow

Appliances Dishwasher Disposal Microwave Refrigerator VentedExhaustFan

Zoning LARD1.5

Garage Spaces 2.0

Year Built 1949

View None

Stories 1

Levels One

Gross Income 54000.0

County Los Angeles

Net Operating Income 27828.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions One block West of La Brea One block North of Jefferson.

City Los Angeles

Disclosures RentControl

Entry Location Living Room

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 4805.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 0

Street Name Orange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Occupancy Description Vacant

Year Built Source Assessor

Cap Rate 2.65

Exterior

Parking Features DoorMulti Garage Gated

Total Parking 2.0

Lot Size Area 4805.0

Number of Buildings 1

Spa N

Building Area Total 1328.0

Lot Size Acres 0.1103

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Drive

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 2

Internal Only

Street Number 1 2945

* Excluded Features

List By

Keller Williams Larchmont

Broker

(310) 276-6656

Phone

Affordability Calculator

$7,328

Per Month

Monthly Principal & Interest: $7,328
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 91%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/23/2024	$1,049,000		Listed Price

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2945 S Orange Drive, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,049,000 with 1,328 sqft and a lot size of 0.1103. 2945 S Orange Drive has 2 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 90016 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/29/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2945 S Orange Drive

Multi-Family Home for sale in Los Angeles, CA

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