1429 S Orange Dr, Los Angeles, CA 90019
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1429 S Orange Dr Los Angeles, CA 90019

$1,590,000 Sold Price as of 11/02/2022
  • 8 Beds
  • 4 Baths
  • 4,930 Sq.Ft.
Sold
$1,590,000 Sold Price as of 11/02/2022 Refinance Your Mortgage

Map preview of 1429 S Orange Dr, Los Angeles, CA 90019

Property Overview: 1429 S Orange Dr Los Angeles, CA has 8 bedrooms, 4 bathrooms, 4,930 living square feet and 6,850 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: In Mid-City this handsome Spanish apartment complex delivers four large units, one of them freshly renovated and delivered vacant. Earn income in a trendy part of LA, or use the available dwelling as your personal residence while collecting rent. Apartments are arranged two-up, two-down, with nearly identical floor plans featuring two bedrooms, one bath, and ample living area. The vacant unit, freshly and tastefully remodeled, has hard surface flooring throughout and a kitchen appointed with quartz countertops, stainless appliances, stylish fixtures, and ample storage. Some heritage elements circa 1928 remain intact including the coved ceiling, decorative passthrough, built-in shelving, and a whimsical wall nook. Outdoor space is low-maintenance, drought-tolerant, and ready for landscaping if so desired. The long driveway leads to a generous flat parking pad, plus garage storage for each unit. Markets, dining, and services are nearby along with easy access to freeways and mass transit.

Listed by Tracy B Do | BRE #01350025 | Coldwell Banker Realty
Co-listed by Elias Tebache | BRE #01936554 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: November 2nd, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
6,850
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22195703
City
Los Angeles
County
Los Angeles
Time on Site
620 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $869
  • Total Rent: $869
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,246
  • Total Rent: $1,246
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $1,245
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.33
  • Gross Scheduled Income: --
  • Net Operating Income: $116,400
  • Gross Operating Income: $116,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1429 S Orange Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Vinyl, Tile
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5070017031
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Google maps.
View more facts & features

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Sale History for 1429 S Orange Dr

Last sold for $1,590,000 on November 2nd, 2022
  • November, 2022

  • Nov 2, 2022

    Date

    Sold

    CRMLS: 22195703

    $1,590,000

    Price

  • Sep 9, 2022

    Date

    Active

    CRMLS: 22195703

    $1,599,000

    Price

  • May, 2021

  • May 28, 2021

    Date

    Sold

    CRMLS: DW20242784

    $1,455,000

    Price

  • Apr 28, 2021

    Date

    Pending

    CRMLS: DW20242784

    $1,525,000

    Price

  • Mar 26, 2021

    Date

    Active

    CRMLS: DW20242784

    $1,525,000

    Price

  • Mar 17, 2021

    Date

    Active Under Contract

    CRMLS: DW20242784

    $1,525,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: DW20242784

    $1,525,000

    Price

  • Mar 11, 2021

    Date

    Active Under Contract

    CRMLS: DW20242784

    $1,525,000

    Price

  • Jan 25, 2021

    Date

    Price Change

    CRMLS: DW20242784

    $1,525,000

    Price

  • Dec 21, 2020

    Date

    Price Change

    CRMLS: DW20242784

    $1,550,000

    Price

  • Dec 4, 2020

    Date

    Price Change

    CRMLS: DW20242784

    $1,600,000

    Price

  • Nov 30, 2020

    Date

    Price Change

    CRMLS: DW20242784

    $1,625,000

    Price

  • Nov 19, 2020

    Date

    Active

    CRMLS: DW20242784

    $1,650,000

    Price

  • Listing provided courtesy of CRMLS

    1429 S Orange Drive is located in the rapidly growing Picfair Village neighborhood of Mid-City. The offering consists of (4) large 2+1 units measuring 1,232 SF each. The building boasts charming Spanish architecture and sits on a large 6,850 SF lot with (5) 1-Car garages in a detached structure. The property is delivered with 1 unit not leased. There is potential to convert the garage into an ADU unit (Buyer to verify). Additionally, a Buyer has the potential to convert these rental units into "For Sale" product (TIC Conversion).

  • January, 2020

  • Jan 3, 2020

    Date

    Sold

    CRMLS: 19514574

    $1,275,000

    Price

  • Nov 9, 2019

    Date

    Active Under Contract

    CRMLS: 19514574

    $1,500,000

    Price

  • Sep 25, 2019

    Date

    Active

    CRMLS: 19514574

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    Classic 4unit on a spacious 6850sf lot zoned LAR1.5. Can be sold together with 1425 S Orange Dr (also 6850sf lot) for a combined lot of 14,700sf MLS#19-514560. Property currently consists of four 2bd/1ba units plus a separate garage structure in the rear. All units had some upgrades in 2009, are very spacious, remain with character details and are occupied by long term tenants. High growth area west of La Brea. Huge upside potential or development opportunity. No sign on property. Please do not walk the property nor disturb current occupants. Drive by only. Shown with accepted offer.

  • December, 2019

  • Dec 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,275,000

    Price

  • September, 2011

  • Sep 13, 2011

    Date

    Sold (Public Records)

    Public Records

    $82,500

    Price

Show More

Tax History for 1429 S Orange Dr

Assessed Value (2020): $1,275,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $375,000 $1,275,000

Home Value Compared to the Market

This property vs the competition

1429 S Orange Dr sold on November 2, 2022 for 34.37% 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 $324.34 per/sqft which puts the price per square foot 57.04% lower than the current median sale per square foot for the city of Los Angeles.

About 1429 S Orange Dr

Detailed summary of property

1429 S Orange Dr is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 4,930 living square feet, and sits on an approximately 6,850 square foot lot. 1429 S Orange Dr was first listed on ArdentRealEstateGroup.com on September 9, 2022. The homeowner sold the property for $1,590,000. 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 34.37% higher than the current median priced home. Local homes that are currently for sale include 4711 St Elmo Dr, 1089 S Orange Dr and 1371 S Keniston Ave. While the average home in Los Angeles, CA is selling in 93 days, 1429 S Orange Dr has a days on market of 20 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1429 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 1429 S Orange Dr

Public county record property details
Beds
8
Baths
4
Year built
1928
Sq. Ft.
4,930
Lot Size
6,849
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
5070-017-031

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
70
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%)

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Related Resources to 1429 S Orange Dr

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.