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1093 S Orange Dr, Los Angeles, CA 90019
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1093 S Orange Dr Los Angeles, CA 90019

$2,375,000 Sold Price as of 03/27/2019
  • 10 Beds
  • 10 Baths
  • 6,035 Sq.Ft.
Sold
$2,375,000 Sold Price as of 03/27/2019 Refinance Your Mortgage
Map preview of 1093 S Orange Dr, Los Angeles, CA 90019

Property Overview: 1093 S Orange Dr Los Angeles, CA has 10 bedrooms, 10 bathrooms, 6,035 living square feet and 8,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Reduced!! 14.25 times gross! Very clean 10 unit building in an exceptional area! 9 of the 10 units have been remodeled. Copper plumbing. 3 year old water heater. Newer outside paint, new flashing, newer double pane windows. 4 of the tenants are at market rent. Laundry owned. Grass dog run on the side of the building. Not soft story, engineers report available.

Listed by John Portman | BRE #01403431 | Palisades Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 135

Home details

Lot Sq. Ft
8,880
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18389004
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,596
  • Total Rent: $1,596
  • Pro Forma/Market Rent: $1,596
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,596
  • Total Rent: $1,596
  • Pro Forma/Market Rent: $1,596
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,596
  • Total Rent: $1,596
  • Pro Forma/Market Rent: $1,596
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,115
  • Total Rent: $1,115
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,699
  • Total Rent: $1,699
  • Pro Forma/Market Rent: $1,699
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,483
  • Total Rent: $1,483
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,758
  • Total Rent: $1,758
  • Pro Forma/Market Rent: $1,758
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,431
  • Total Rent: $1,431
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,309
  • Total Rent: $1,309
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.25
  • Gross Scheduled Income: --
  • Net Operating Income: $150,323
  • Gross Operating Income: $178,914
  • Laundry Income: $2,400
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $1,800
  • Trash: $2,485
  • Insurance: $3,731
  • Maintenance: $6,000
  • Water/Sewer: $4,200

Property Details for 1093 S Orange Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Room Information
  • Flooring: Carpet, Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport, Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 5084012008
Location / Neighborhood
Location Information
  • Directions: 2 Blocks S. of Olympic, 1 Block W. of La Brea
View more facts & features

Local Los Angeles Agent

Sale History for 1093 S Orange Dr

Last sold for $2,375,000 on March 27th, 2019

  • March, 2019

  • Mar 28, 2019

    Date

    Sold

    CRMLS: 18389004

    $2,375,000

    Price

  • Feb 11, 2019

    Date

    Pending

    CRMLS: 18389004

    $2,550,000

    Price

  • Feb 5, 2019

    Date

    Active Under Contract

    CRMLS: 18389004

    $2,550,000

    Price

  • Jan 16, 2019

    Date

    Price Change

    CRMLS: 18389004

    $2,550,000

    Price

  • Sep 26, 2018

    Date

    Price Change

    CRMLS: 18389004

    $2,695,000

    Price

  • Sep 22, 2018

    Date

    Active

    CRMLS: 18389004

    $2,995,000

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,375,000

    Price

  • July, 2003

  • Jul 22, 2003

    Date

    Sold (Public Records)

    Public Records

    $830,000

    Price

Show More

Tax History for 1093 S Orange Dr

Assessed Value (2020): $2,426,500
Year Land Value Improved Value Assessed Value
2020 $918,000 $1,508,500 $2,426,500

Home Value Compared to the Market

This property vs the competition

1093 S Orange Dr sold on March 27, 2019 for 114.29% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $422.54 per/sqft which puts the price per square foot 44.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1093 S Orange Dr

Detailed summary of property

1093 S Orange Dr is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 10 bedrooms, 10 bathrooms, roughly 6,035 living square feet, and sits on an approximately 8,880 square foot lot. 1093 S Orange Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,375,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 114.29% higher than the current median priced home. Local homes that are currently for sale include 5134 W Washington Blvd, 1074 S Genesee Ave and 183 S Detroit St. While the average home in Los Angeles, CA is selling in 92 days, 1093 S Orange Dr has a days on market of 135 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1093 S Orange Dr Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1093 S Orange Dr

Public county record property details
Beds
10
Baths
10
Year built
1953
Sq. Ft.
6,048
Lot Size
8,880
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
184
APN
5084-012-008

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Recently Sold Homes Near 1093 S Orange Dr

1114 S Orange Dr, Los Angeles, CA 90019
$1,500,000 Last Sold Price
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5 Baths
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1114 S Orange Dr
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1119 S Orange Dr, Los Angeles, CA 90019
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1216 S Orange Dr, Los Angeles, CA 90019
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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