542 N Orange Drive

    Los Angeles (City), CA 90036
    • $1,800,000
    • STATUS: Active Under Contract
    • ON SITE: 86 days
    • ID#: 18360196
    Under Contract
    UPDATED: 29 min ago
    $1,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,815
      SQFT
    • $472
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Situated in the center of Los Angeles' exciting urban landscape lies the historic neighborhood of Hancock Park. Recognized as one of Los Angeles' most affluent and recognizable neighborhoods, Hancock Park is home to many of the regions most expensive homes and a roster of high-profile residents.THG Advisors, as exclusive listing agent, is pleased to present the opportunity to purchase 542 N. Orange Drive, a triplex situated on a 6,000 SF parcel of land zoned RD1.5 in Hancock Park. The asset possesses unique architectural features and most units include working fireplaces and private patios which provide the feel of separate individual homes. The Property offers a rare opportunity to acquire a vacant triplex in one of Los Angeles' most desirable neighborhoods. Upon closing escrow, an investor has the flexibility to either began an extensive value-add program by blending the gorgeous Spanish-style design with modern finishes or developing the property into four small lot homes.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T21:30:31.633. 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.
    www.playavistaliving.com/homes/85189853

    542 N Orange Drive Los Angeles (City), CA 90036

    • Price: $1,800,000
    • Status: Active Under Contract
    • Updated: 29 min ago
    • ID#: 18360196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,815
    SQFT
    $472
    $/SQFT
    1931
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Situated in the center of Los Angeles' exciting urban landscape lies the historic neighborhood of Hancock Park. Recognized as one of Los Angeles' most affluent and recognizable neighborhoods, Hancock Park is home to many of the regions most expensive homes and a roster of high-profile residents.THG Advisors, as exclusive listing agent, is pleased to present the opportunity to purchase 542 N. Orange Drive, a triplex situated on a 6,000 SF parcel of land zoned RD1.5 in Hancock Park. The asset possesses unique architectural features and most units include working fireplaces and private patios which provide the feel of separate individual homes. The Property offers a rare opportunity to acquire a vacant triplex in one of Los Angeles' most desirable neighborhoods. Upon closing escrow, an investor has the flexibility to either began an extensive value-add program by blending the gorgeous Spanish-style design with modern finishes or developing the property into four small lot homes.
    Exterior Features

    Lot Size Units Square Feet Parking Features Driveway Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling Wall Window Cooling YN Yes Laundry Features None

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 338763 Land Lease YN No Land Value 222730 Laundry YN No Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lard1.5

    Listing provided courtesy of Gregory Harris of The Harris Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-24T21:30:31.633. 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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