Search
1414 S Orange Dr, Los Angeles, CA 90019
Image 2 for 1414 S Orange Dr, Los Angeles, CA 90019
Image 3 for 1414 S Orange Dr, Los Angeles, CA 90019
View Photos

1414 S Orange Dr Los Angeles, CA 90019

$3,750,000
  • 17 Beds
  • 15 Baths
  • 7,002 Sq.Ft.
For Sale
$3,750,000 Get Pre-Qualified
Map preview of 1414 S Orange Dr, Los Angeles, CA 90019

Property Overview: 1414 S Orange Dr Los Angeles, CA has 17 bedrooms, 15 bathrooms, 7,002 living square feet and 7,004 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: 1414 S Orange Dr, a fantastic 5-unit investment property located in Mid City in Los Angeles, CA. Appraised in February 2023 for $4,050,000!!! This beautiful new construction cash-flowing property sits on a 0.16-acre lot with over $141,000 in capital improvements added in the past year. Some of the recent improvements include EV charging stations, nest thermostats, private yards and a new private fence line, enclosed garages, eco-friendly irrigation systems, brand-new LG washer/dryers, sliding glass doors, and beautifully designed landscaping. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 5 spacious units and 7,002 square feet of living area in total. The property features (1) 3 bed 3.5 bath unit, (2) 4 bed 4.5 bath units, and (2) 3 bed 2 bath units across three separate structures. All of the units have been extensively upgraded and rented at market to strong tenants. 1414 S Orange Dr, nestled in a prime pocket of Mid City, offers strong Day 1 cash flow operating at 5.02% Cap Rate and 14.21 GRM.

Listed by Jake Glaser | BRE #02128816 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 12 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 28
Get a $11,250 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,250 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,004
HOA Dues
$0/mo
Year built
2022
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24377541
City
Los Angeles
County
Los Angeles
Time on Site
31 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,850
  • Total Rent: $3,850
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,750
  • Total Rent: $4,750
  • Pro Forma/Market Rent: $5,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $4,895
  • Total Rent: $4,895
  • Pro Forma/Market Rent: $5,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.15%
  • Gross Rent Multiplier: 13.92
  • Gross Scheduled Income: --
  • Net Operating Income: $189,091
  • Gross Operating Income: $256,022
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1414 S Orange Dr

No upcoming open houses

Schedule Tour

Property Details for 1414 S Orange Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Stackable
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Oven
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Private
Property Information
  • Total # of Units: 5
  • Parcel Number: 5070018007
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located N. of Venice Blvd on S. Orange Dr.
View more facts & features

Local Los Angeles Agent

Sale History for 1414 S Orange Dr

Last sold for $3,970,000 on May 17th, 2022

  • April, 2024

  • Apr 8, 2024

    Date

    Active

    CRMLS: 24377541

    $3,675,000

    Price

  • May, 2022

  • May 17, 2022

    Date

    Active

    CRMLS: BB22104399

    $3,970,000

    Price

  • May 17, 2022

    Date

    Sold

    CRMLS: BB22104399

    $3,970,000

    Price

  • Listing provided courtesy of CRMLS

    Sold before processing.

  • May, 2019

  • May 14, 2019

    Date

    Sold

    CRMLS: 19453954

    $858,000

    Price

  • May 7, 2019

    Date

    Pending

    CRMLS: 19453954

    $899,000

    Price

  • May 1, 2019

    Date

    Active Under Contract

    CRMLS: 19453954

    $899,000

    Price

  • Apr 30, 2019

    Date

    Hold

    CRMLS: 19453954

    $899,000

    Price

  • Apr 23, 2019

    Date

    Active

    CRMLS: 19453954

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Two Spacious free standing Homes over 2200' on over 7000' lot! Surrounded by New & Upcoming Developments! Perfect Area to Upgrade, Flip, Develop or Live in one, Rent the other! Each 2 Bedroom unit features tile & laminated wood flooring, wood kitchen cabinets & some newer windows. Fenced Yard can be used to Park, Garden, Barbecue & Entertain!. First time on Market in over 60 Years! Close to Shopping, Public Transportation, Starbucks, Restaurants, Lowe's, minutes from Downtown LA, Convention Center, Staples Center, USC, Culver City, Grove, Farmers Market, Museums, Korea Town, Beverly Hills, Miracle Mile, Hancock Park, Hollywood & so much More! Great Walk Score! This is a tremendous Opportunity! Please DO NOT DISTURB OCCUPANTS.

  • May, 2019

  • May 13, 2019

    Date

    Sold (Public Records)

    Public Records

    $858,000

    Price

Show More

Tax History for 1414 S Orange Dr

Assessed Value (2020): $875,160
Year Land Value Improved Value Assessed Value
2020 $365,160 $510,000 $875,160

Home Value Compared to the Market

This property vs the competition

1414 S Orange Dr is listed 203.64% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $535.56 per/sqft which puts the price per square foot 30.81% lower than the median price per square foot for the city of Los Angeles.

About 1414 S Orange Dr

Detailed summary of property

1414 S Orange Dr is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 17 bedrooms, 15 bathrooms, roughly 7,002 living square feet, and sits on an approximately 7,004 square foot lot. 1414 S Orange Dr was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $3,750,000 and was originally asking $3,675,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 203.64% higher than the median priced home. Local competing homes currently for sale include 2340 Crenshaw Blvd, 2937 West Blvd and 2525 Hauser Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1414 S Orange Dr has a days on market of 28 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1414 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 1414 S Orange Dr

Public county record property details
Beds
4
Baths
2
Year built
1925
Sq. Ft.
2,203
Lot Size
7,002
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5070-018-007

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
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
67
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%)

Tour This Home

Buy with Ardent Real Estate Group and save $11,250.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $11,250 Cash Reward New

Buy this home with Ardent Real Estate Group and get $11,250 back.

Call/Text (714) 706-1823

Homes for Sale Near 1414 S Orange Dr

Nearby Homes for Sale

1625 Vineyard Ave, Los Angeles, CA 90019
$3,250,000
16 Beds
9 Baths
6950 Sq.Ft.
1625 Vineyard Ave
Los Angeles, CA 90019
4522 W 17th St, Los Angeles, CA 90019
$3,500,000
16 Beds
14 Baths
6793 Sq.Ft.
4522 W 17th St
Los Angeles, CA 90019
2150 S West View, Los Angeles, CA 90016
$3,285,000
15 Beds
15 Baths
5985 Sq.Ft.
2150 S West View
Los Angeles, CA 90016
930 S Mansfield Ave, Los Angeles, CA 90036
$3,498,000
722 Beds
722 Baths
17030 Sq.Ft.
930 S Mansfield Ave
Los Angeles, CA 90036
1876 Buckingham Rd, Los Angeles, CA 90019
$4,299,000
20 Beds
17 Baths
10050 Sq.Ft.
1876 Buckingham Rd
Los Angeles, CA 90019
1921 Carmona Ave, Los Angeles, CA 90016
$3,399,000
13 Beds
16 Baths
6222 Sq.Ft.
1921 Carmona Ave
Los Angeles, CA 90016
2636 Virginia Rd, Los Angeles, CA 90016
$3,250,000
40 Beds
33 Baths
6936 Sq.Ft.
2636 Virginia Rd
Los Angeles, CA 90016
2301 Hauser Blvd, Los Angeles, CA 90016
$3,349,000
12 Beds
12 Baths
6694 Sq.Ft.
2301 Hauser Blvd
Los Angeles, CA 90016

Recently Sold Homes Near 1414 S Orange Dr

1429 S Orange Dr, Los Angeles, CA 90019
$1,590,000 Last Sold Price
8 Beds
4 Baths
4930 Sq.Ft.
1429 S Orange Dr
Los Angeles, CA 90019
1435 S Mansfield Ave, Los Angeles, CA 90019
$2,170,000 Last Sold Price
11 Beds
9 Baths
-- Sq.Ft.
1435 S Mansfield Ave
Los Angeles, CA 90019
1416 S Sycamore Ave, Los Angeles, CA 90019
$2,900,000 Last Sold Price
31 Beds
30 Baths
-- Sq.Ft.
1416 S Sycamore Ave
Los Angeles, CA 90019
1430 S Sycamore Ave, Los Angeles, CA 90019
$1,557,000 Last Sold Price
9 Beds
7 Baths
6288 Sq.Ft.
1430 S Sycamore Ave
Los Angeles, CA 90019

Related Resources to 1414 S Orange Dr

New Listings in 90019
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call