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1301 N Orange Dr, Los Angeles, CA 90028
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1301 N Orange Dr Los Angeles, CA 90028

$1,395,000
  • 5 Beds
  • 3 Baths
  • 2,623 Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified
Map preview of 1301 N Orange Dr, Los Angeles, CA 90028

Property Overview: 1301 N Orange Dr Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,623 living square feet and 5,741 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Remarks : Duplex with Three units 1922 Courtyard Cottages with much charm and character, ideal for owner occupant to live in a great area. Near WeHo, minutes from Larchmont and Hollywood, and have significant rental income. Third unit is above the Garage , with patio and yard. VERY VERY CHARMING WITH MUCH CHARACTER! All units are Tenant occupied. Front house 1301 to 1303 . Built in 1922, this property contains a great unit mix of two (2) 2-bedroom / one-bathroom units and (1)unit 709 one- bedroom unit one bth. Inside with accepted offer only. The units are well-maintained with each unit having in-unit washers and dryers or a dedicated washer and dryer PLEASE DO NOT DISTURB OCCUPANTS. All offers subject to interior inspection. Zoned LAR3*. PRIME...PRIME...PRIME...FUTURE DEVELOPMENT OPPORTUNITY. Attention Builders and Developers. Significant Development potential: Exchange Buyers welcomed. . Buyer is advised to independently verify the accuracy of all information through personal inspection with appropriate professionals. Listing Agent doesn't guarantee the accuracy of square footage, bed/bath count, permit info, descriptions herein or other info regarding the conditions and features of the property.

Listed by Richard M Chernock | BRE #01369553 | KW Advisors
Last checked: 9 minutes ago | Last updated: May 5th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
5,741
HOA Dues
$0/mo
Year built
1922
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24385137
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,454
  • Total Rent: $2,454
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,496
  • Total Rent: $2,496
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,872
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.65%
  • Gross Rent Multiplier: 14.59
  • Gross Scheduled Income: --
  • Net Operating Income: $79,408
  • Gross Operating Income: $8,186,400
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1301 N Orange Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Living Room, Bath, Kitchen, Primary Bedroom
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Oven
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 3
  • Parcel Number: 5548023014
  • Foundation Details: Combination
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North on la Brea, right on Fountain, left on North Orange
View more facts & features

Local Los Angeles Agent

Sale History for 1301 N Orange Dr

Last sold on January 21st, 2014

  • April, 2024

  • Apr 27, 2024

    Date

    Active

    CRMLS: 24385137

    $1,195,000

    Price

  • January, 2014

  • Jan 21, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2011

  • Aug 30, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1301 N Orange Dr

Assessed Value (2020): $290,525
Year Land Value Improved Value Assessed Value
2020 $204,395 $86,130 $290,525

Home Value Compared to the Market

This property vs the competition

1301 N Orange Dr is listed 11.69% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $531.83 per/sqft which puts the price per square foot 31.29% lower than the median price per square foot for the city of Los Angeles.

About 1301 N Orange Dr

Detailed summary of property

1301 N Orange Dr is a multi family located in Los Angeles, CA 90028 and is currently for sale. This multi family property offers 5 bedrooms, 3 bathrooms, roughly 2,623 living square feet, and sits on an approximately 5,741 square foot lot. 1301 N Orange Dr was first listed on ArdentRealEstateGroup.com on April 27, 2024. The homeowner is currently asking $1,395,000 and was originally asking $1,195,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 11.69% higher than the median priced home. Local competing homes currently for sale include 1120 N Van Ness Ave, 847 Ridgewood Pl and 2912 Park Center Dr. While the average home in Los Angeles, CA is selling in 93 days, 1301 N Orange Dr has a days on market of 11 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1301 N Orange Dr Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1301 N Orange Dr

Public county record property details
Beds
5
Baths
3
Year built
1922
Sq. Ft.
2,623
Lot Size
5,739
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5548-023-014

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$752,000
Median Sold Price/Sq.Ft.
$470
Total Inventory
34
Median Sale to List Price %
83.65%
Avg Days on Market
197
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (100%)

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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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