Search
2116 S Orange Dr, Los Angeles, CA 90016
Image 2 for 2116 S Orange Dr, Los Angeles, CA 90016
Image 3 for 2116 S Orange Dr, Los Angeles, CA 90016
View Photos

2116 S Orange Dr Los Angeles, CA 90016

$1,300,000 Sold Price as of 01/17/2024
  • 15 Beds
  • 6 Baths
  • 3,254 Sq.Ft.
Sold
$1,300,000 Sold Price as of 01/17/2024 Refinance Your Mortgage
Map preview of 2116 S Orange Dr, Los Angeles, CA 90016

Property Overview: 2116 S Orange Dr Los Angeles, CA has 15 bedrooms, 6 bathrooms, 3,254 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing opportunity to own this profitable triplex, all fairly recently remodeled and updated. Property consists of one free standing 3 bedroom 1 bathroom home in front and a detached 2 story building in the rear with upper (2 bed / 1 bath) and lower (3 bed / 1 bath) units. Both of the rear units have their own small enclosed outdoor yard space, lower unit with direct access. All 3 have laundry in unit. This is a beautifully managed and maintained property with incredible curb appeal. Located on an ideal tree lined street, so peaceful and charming, yet centrally located Mid-City with easy access to all that Los Angeles has to offer. Please do not walk the property or disturb tenants. GOI shown is based on current rent roll. Expenses based on 2022 actual.

Listed by Cece Webb | BRE #01510746 | Celeste Healy Webb
Last checked: 5 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23317855
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,085
  • Total Rent: $3,085
  • Pro Forma/Market Rent: $3,085
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.9%
  • Gross Rent Multiplier: 14.04
  • Gross Scheduled Income: --
  • Net Operating Income: $79,474
  • Gross Operating Income: $95,760
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2116 S Orange Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Oven, Gas Cooktop
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5062015004
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of La Brea. South of Washington.
View more facts & features

Local Los Angeles Agent

Sale History for 2116 S Orange Dr

Last sold for $1,300,000 on January 17th, 2024

  • January, 2024

  • Jan 17, 2024

    Date

    Sold

    CRMLS: 23317855

    $1,300,000

    Price

  • Oct 9, 2023

    Date

    Active

    CRMLS: 23317855

    $1,345,000

    Price

  • March, 2017

  • Mar 21, 2017

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • October, 2009

  • Oct 27, 2009

    Date

    Sold (Public Records)

    Public Records

    $359,000

    Price

Show More

Tax History for 2116 S Orange Dr

Assessed Value (2020): $955,086
Year Land Value Improved Value Assessed Value
2020 $848,966 $106,120 $955,086

Home Value Compared to the Market

This property vs the competition

2116 S Orange Dr sold on January 17, 2024 for 20.09% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $413.34 per/sqft which puts the price per square foot 42.91% lower than the current median sale per square foot for the city of Los Angeles.

About 2116 S Orange Dr

Detailed summary of property

2116 S Orange Dr is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 15 bedrooms, 6 bathrooms, roughly 3,254 living square feet, and sits on an approximately 6,000 square foot lot. 2116 S Orange Dr was first listed on ArdentRealEstateGroup.com on October 9, 2023. The homeowner sold the property for $1,300,000. Home 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 20.09% higher than the current median priced home. Local homes that are currently for sale include 2749 S Mansfield Ave, 2857 S West View St and 1356 Meadowbrook Ave. While the average home in Los Angeles, CA is selling in 106 days, 2116 S Orange Dr has a days on market of 51 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. For more information on this home for sale at 2116 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 2116 S Orange Dr

Public county record property details
Beds
7
Baths
4
Year built
1923
Sq. Ft.
3,254
Lot Size
6,000
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
750
APN
5062-015-004

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.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2116 S Orange Dr

Nearby Homes for Sale

2115 S Mansfield Ave, Los Angeles, CA 90016
$1,249,000
4 Beds
2 Baths
1870 Sq.Ft.
2115 S Mansfield Ave
Los Angeles, CA 90016
1814 S Sycamore Ave, Los Angeles, CA 90019
$1,300,000
8 Beds
4 Baths
3376 Sq.Ft.
1814 S Sycamore Ave
Los Angeles, CA 90019
1877 S Cloverdale Ave, Los Angeles, CA 90019
$1,100,000
4 Beds
3 Baths
1884 Sq.Ft.
1877 S Cloverdale Ave
Los Angeles, CA 90019
2530 S Sycamore Ave, Los Angeles, CA 90016
$1,195,000
7 Beds
5 Baths
3430 Sq.Ft.
2530 S Sycamore Ave
Los Angeles, CA 90016
2014 S Burnside Ave, Los Angeles, CA 90016
$1,200,000
8 Beds
5 Baths
3310 Sq.Ft.
2014 S Burnside Ave
Los Angeles, CA 90016
1516 S Cloverdale Ave, Los Angeles, CA 90019
$1,259,000
9 Beds
6 Baths
2581 Sq.Ft.
1516 S Cloverdale Ave
Los Angeles, CA 90019
1618 S Burnside Ave, Los Angeles, CA 90019
$1,197,000
3 Beds
3 Baths
1628 Sq.Ft.
1618 S Burnside Ave
Los Angeles, CA 90019
1502 S Redondo Blvd, Los Angeles, CA 90019
$1,300,000
5 Beds
4 Baths
2513 Sq.Ft.
1502 S Redondo Blvd
Los Angeles, CA 90019
2045 S Palm Grove Ave, Los Angeles, CA 90016
$1,150,000
4 Beds
2 Baths
2420 Sq.Ft.
2045 S Palm Grove Ave
Los Angeles, CA 90016
4723 Pickford St, Los Angeles, CA 90019
$1,399,000
4 Beds
4 Baths
2476 Sq.Ft.
4723 Pickford St
Los Angeles, CA 90019
2305 S Burnside Ave, Los Angeles, CA 90016
$1,138,500
7 Beds
3 Baths
1973 Sq.Ft.
2305 S Burnside Ave
Los Angeles, CA 90016
1504 S Mansfield Ave, Los Angeles, CA 90019
$1,155,000
3 Beds
3 Baths
1932 Sq.Ft.
1504 S Mansfield Ave
Los Angeles, CA 90019

Recently Sold Homes Near 2116 S Orange Dr

2115 S Mansfield Ave, Los Angeles, CA 90016
$855,000 Last Sold Price
2 Beds
1 Baths
-- Sq.Ft.
2115 S Mansfield Ave
Los Angeles, CA 90016
5069 W 21St St, Los Angeles, CA 90016
$2,005,000 Last Sold Price
11 Beds
9 Baths
5862 Sq.Ft.
5069 W 21St St
Los Angeles, CA 90016
5079 W 21st St, Los Angeles, CA 90016
$1,550,000 Last Sold Price
7 Beds
5 Baths
4113 Sq.Ft.
5079 W 21st St
Los Angeles, CA 90016
2101 S Sycamore Ave, Los Angeles, CA 90016
$1,185,000 Last Sold Price
5 Beds
4 Baths
2720 Sq.Ft.
2101 S Sycamore Ave
Los Angeles, CA 90016

Related Resources to 2116 S Orange Dr

New Listings in 90016
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.

Refi Quote