1905 S Orange Dr Los Angeles, CA 90016

$1,017,000 Sold Price as of 02/23/2016

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$1,017,000 Sold Price as of 02/23/2016 Refinance Your Mortgage

Map preview of 1905 S Orange Dr, Los Angeles, CA 90016

Property Overview: 1905 S Orange Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 8,776 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1905 S Orange Dr is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1905 S Orange Dr

Last sold for $1,017,000 on February 23rd, 2016

September, 2021
Sep 4, 2021

Date

Expired

CRMLS: 21736274

$2,100,000

Price
May 25, 2021

Date

Active

CRMLS: 21736274

$2,100,000

Price
Listing provided courtesy of CRMLS

1905 S Orange Dr is a 8,776 square foot development owner-user, investment, or development opportunity located on the corner of W Washington Blvd in a prime Mid-City Location situated just off the I-10. The property currently consists of a occupied single family residence, an auto repair facility on a month-to-month lease, and a small billboard. There is an in-place income of $8,000 per month. Ideal for an owner-user to occupy either the single family residence or the auto repair building and collect income from the other. This development lot is zoned C2-1VL-CPIO in a Tier 2 TOC and presents an investor the opportunity to build up to 33 units utilizing the TOC benefits; there are currently no plans or entitlements in place. The site has alley access from S Redondo Blvd and S Orange Dr providing extra buildable square footage and options for parking ingress and egress. Mid-Wilshire is a prime Central LA location known for the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the Miracle Mile shopping district.

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May, 2021
May 3, 2021

Date

Active

CRMLS: 21736136

$2,100,000

Price
Listing provided courtesy of CRMLS

1905 S Orange Dr is a 8,776 square foot development owner-user, investment, or development opportunity located on the corner of W Washington Blvd in a prime Mid-City Location situated just off the I-10. The property currently consists of a occupied single family residence, an auto repair facility on a month-to-month lease, and a small billboard. There is an in-place income of $8,000 per month. Ideal for an owner-user to occupy either the single family residence or the auto repair building and collect income from the other. This development lot is zoned C2-1VL-CPIO in a Tier 2 TOC and presents an investor the opportunity to build up to 33 units utilizing the TOC benefits; there are currently no plans or entitlements in place. The site has alley access from S Redondo Blvd and S Orange Dr providing extra buildable square footage and options for parking ingress and egress. Mid-Wilshire is a prime Central LA location known for the Los Angeles County Museum of Art, the Petersen Automotive Museum, and the Miracle Mile shopping district.

Continue Reading
February, 2016
Feb 23, 2016

Date

Sold (Public Records)

Public Records

$1,017,000

Price

Tax History for 1905 S Orange Dr

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$1,563,030	--	--

About 1905 S Orange Dr

Detailed summary of property

1905 S Orange Dr is categorized with a use code of Commercial-Vacant Land in Los Angeles, CA 90016 and last sold on February 23, 2016 for $1,017,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 8,776 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 9.2% lower than the current median priced home. 1905 S Orange Dr was last sold on February 23, 2016 for $1,017,000. Local nearby listings include 2203 S Palm Grove Ave, 1827 S Burnside Ave and 2524 S Sycamore Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1905 S Orange Dr Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1905 S Orange Dr

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 8,776
Stories: --

Type: Commercial-Vacant Land
Pool: No
Spa: No
County: Los Angeles
Lot#: 1085
APN: 5062-006-035

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,000,000

Median List Price/Sq.Ft.

$714

Median Sold Price

$1,012,000

Median Sold Price/Sq.Ft.

$691

Total Inventory

Median Sale to List Price %

101.2%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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