Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

5

Building size

4,352 sqft

Lot size

6,305 sqft

Year built

1938

Stories

2

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

8

MLS #

247125779

About this property

PRIME LOS ANGELES 5-UNIT INCOME PROPERTY EXCELLENT INVESTMENT OPPORTUNITY!Rare opportunity to own a 5-unit multifamily property in Los Angeles! Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional floor plans that are well-suited for long-term rental demand. All five units feature bright, spacious interiors, generous storage, and a combination of wood and tile flooring. The kitchens are equipped with appliances and ample cabinet space, while the bathrooms offer additional storage for convenience. The bedrooms are generously sized and filled with natural light.The property is conveniently located near an abundance of shopping, dining, entertainment, and everyday amenities, including Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, Planet Fitness, and much more. Additional highlight: Recent work has been completed on the parking area/retrofitting structure, adding value and peace of mind for the next owner. Whether you're an experienced investor looking to expand your multifamily portfolio or seeking a solid Los Angeles investment opportunity, this property is one you won't want to miss!Interior showings are available with an accepted offer only. Don't miss the opportunity to add this 5-unit property to your portfolio!

Location

1642 S Orange Drive

Los Angeles, Los Angeles, CA, 90019