12 pictures
House
·
for sale
USD 3,499,000
USD 469/sq.ft
1414 S Orange Drive
Beverly Glen, Los Angeles city Los Angeles CCD Los Angeles County California
· 7,449 sq.ft · 17 Bedrooms · 2 Baths · House
· Equipped kitchen
Beverly Glen, Los Angeles city Los Angeles CCD Los Angeles County California · 7,449 sq.ft · 17 Bedrooms · 2 Baths · House · Equipped kitchen
Motivated seller. *. We are pleased to present 1414 S Orange Drive, a newly constructed 2022 5 unit multifamily property located in the heart of prime Mid City, Los Angeles. Situated on a 7,002 square foot LARD1.5 zoned lot with 7,456 square feet of improvements across three buildings, this asset offers an ideal high income unit mix consisting of two 4 bedroom 4.5 bathroom units, one 3 bedroom 3.5 bathroom unit, and two 3 bedroom 2 bathroom units. Each residence features open concept layouts, high ceilings, large kitchen islands or peninsulas, premium stainless steel appliances, sleek bathrooms with marble finishes, in unit laundry, and modern high end finishes throughout. All five units are fully leased, reflecting strong tenant demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,499,000, the property presents a 5.7% cap rate and 13.69 GRM, equating to $700,000 per unit and $469 per square foot, making it one of the best priced new construction 5 un
Motivated seller. *. We are pleased to present 1414 S Orange Drive, a newly constructed 2022 5 unit multifamily property located in the heart of prime Mid City, Los Angeles. Situated on a 7,002 square foot LARD1.5 zoned lot with 7,456 square feet of improvements across three buildings, this asset offers an ideal high income unit mix consisting of two 4 bedroom 4.5 bathroom units, one 3 bedroom 3.5 bathroom unit, and two 3 bedroom 2 bathroom units. Each residence features open concept layouts, high ceilings, large kitchen islands or peninsulas, premium stainless steel appliances, sleek bathrooms with marble finishes, in unit laundry, and modern high end finishes throughout. All five units are fully leased, reflecting strong tenant demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,499,000, the property presents a 5.7% cap rate and 13.69 GRM, equating to $700,000 per unit and $469 per square foot, making it one of the best priced new construction 5 un
USD 3,499,000