2854 S Orange Drive

    Los Angeles (City), CA 90016
    • $850,000
    • STATUS: Active
    • ON SITE: 161 days
    • ID#: PW18165586
    UPDATED: 30 min ago
    $850,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,029
      SQFT
    • $281
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    GOOD OPPORTUNITY IN A HOT RENTAL MARKET WITH GOOD UPSIDES. SOUND 4 UNIT INCOME INVESTMENT PROPERTY LOOKING FOR THE RIGHT OWNER OR INVESTOR TO REPOSITION IT FOR MORE PROFITABLE.PROPERTY IS IN A GREAT LOCATION AND IN PROXIMITY TO RAMS STADIUM IN INGLEWOOD, LAX, MAJOR FREEWAYS, SANTA MONICA PIER, DOWNTOWN LA, CULVER CITY AND THE NEW EXPO LINE, AND HOLLYWOOD.ALL 4 UNITS ARE CURRENTLY OCCUPIED WITH LONG TERM TENANTS & WITH GOOD RENTAL PAYMENTS HISTORY. THERE IS 1 SECTION -8 TENANT.PLEASE YOU ARE ENCOURAGED TO DO YOU OWN INDEPENDENT RESEARCH REGARDING THE SUBJECT PROPERTY AND LOCATION, AND RELY OWN FINDINGS. THIS IS A RENT CONTROLLED AREA.PLEASE DONT DISTURB THE TENANTS NOR WALK ON THE PROPERTY LINE.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-19T10:26:42.897. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85469963

    2854 S Orange Drive Los Angeles (City), CA 90016

    • Price: $850,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: PW18165586
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,029
    SQFT
    $281
    $/SQFT
    1972
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    GOOD OPPORTUNITY IN A HOT RENTAL MARKET WITH GOOD UPSIDES. SOUND 4 UNIT INCOME INVESTMENT PROPERTY LOOKING FOR THE RIGHT OWNER OR INVESTOR TO REPOSITION IT FOR MORE PROFITABLE.PROPERTY IS IN A GREAT LOCATION AND IN PROXIMITY TO RAMS STADIUM IN INGLEWOOD, LAX, MAJOR FREEWAYS, SANTA MONICA PIER, DOWNTOWN LA, CULVER CITY AND THE NEW EXPO LINE, AND HOLLYWOOD.ALL 4 UNITS ARE CURRENTLY OCCUPIED WITH LONG TERM TENANTS & WITH GOOD RENTAL PAYMENTS HISTORY. THERE IS 1 SECTION -8 TENANT.PLEASE YOU ARE ENCOURAGED TO DO YOU OWN INDEPENDENT RESEARCH REGARDING THE SUBJECT PROPERTY AND LOCATION, AND RELY OWN FINDINGS. THIS IS A RENT CONTROLLED AREA.PLEASE DONT DISTURB THE TENANTS NOR WALK ON THE PROPERTY LINE.
    Exterior Features

    Architectural Style Contemporary Construction Materials AsphaltDrywall Walls Exterior Features Lighting Fence YN Yes Fencing Cross Fenced Garage Spaces 4.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No View City LightsNeighborhood View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Heater Heating YN Yes Interior Features Balcony Laundry Features None Levels Two Window Features Wood Frame Windows

    Property Features

    Accessibility Features None Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Electric 220V In KitchenElectricity - On Property Electric Expense 600.00 Elevation Units Feet Fuel Expense 1200.00 Gross Income 0.00 Gross Scheduled Income 42336.00 Insurance Expense 2684.00 Land Lease YN No Laundry YN No Net Operating Income 33020.00 New Construction YN No New Taxes Expense 3799.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 10444.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 3799.00 Tenant Pays Cable TvElectricityGasTelephone Total Expenses 10444.00 Trash Expense 720.00 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 1440.00 Water Source Private Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Cajetan Alufuo of Zenith Homes & Mortgage.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-19T10:26:42.897. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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