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1032 S Orange DriveLos Angeles, CA 90019

For Sale

$2,350,000

Smart Buyer Rebate $23,500

PRICE REDUCTION! Bring all Offers. RARE 4-unit income property in the incredible Miracle Mile / Hancock Park location of Los Angeles. The owner has spared no expense in renovating the units, including all plumbing and electricity, exterior fixtures, kitchens, and bathrooms. Truly one of the most sought-after locations in Los Angeles, this property is an ideal purchase for both Investors and Owner/Users alike. Located near the corner of Olympic and La Brea only a few minutes from the 10 Freeway and the Expo Line and steps away from the new Purple Line, this location is an ideal living situation for all.

Listed by Jacob Plewa

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License #02041641

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REMAX COMMERCIAL & INVESTMENT REALTY

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13109226124

Last updated December 04, 2024

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Source: CRMLS #24430437

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid - Wilshire
  • Bedrooms8
  • Days on Prevu381
  • Size5,136 sqft
  • Price per sqft$458

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

10/26/2024
Price Decreased
$2,350,000
09/09/2024
Price Decreased
$2,400,000
08/21/2024
Listed by REMAX COMMERCIAL & INVESTMENT REALTY
$2,500,000

Property Details for 1032 S Orange Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 2
  • Year Built: 1928

Measurements

  • Building Area Total: 5,136
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,564
  • Lot Size Square Feet: 6,564
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.4
  • Gross Income: $149,724.00

Taxes

  • Parcel Number: 5084011026

Interior

Features

  • Appliances: Dishwasher, Microwave
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 5,136

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 8

Utilities

Equipment

  • Heating: Central
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.