2923 S Orange Dr, Los Angeles, CA 90016
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2923 S Orange Dr Los Angeles, CA 90016

$1,300,000 Sold Price as of 02/23/2024
  • 5 Beds
  • 3 Baths
  • 3 Sq.Ft.
Sold
$1,300,000 Sold Price as of 02/23/2024 Refinance Your Mortgage

Map preview of 2923 S Orange Dr, Los Angeles, CA 90016

Property Overview: 2923 S Orange Dr Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3 living square feet and 7,208 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Move in ready - 3 beautiful units in desirable area in West Adams District, Los Angeles. Front Unit 2925 Features 2 bedrooms, 1 bathroom, offers spacious living room and gorgeous kitchen with lots of cabinets and a formal dinning room. Laundry room located in kitchen area. Front Unit 2923 Features 1 bedroom, and 1 bathroom, offers open living room and gorgeous recently remodeled kitchen. Individual laundry room. Both front units living square feet is 1,660. Rear unit 2923 1/2 Features 2 bedrooms, 1 bathroom with 690 living square feet, offers spacious open living room and gorgeous remodeled kitchen. Individual Laundry room. Lot size is over 7,200. Each unit has its own garage and carport parking spaces ( total of 3 garages and 3 carports). Carport may or may not be done with permits (selling agent and buyers to verify). Several fruit trees in the front and side yard. This property is conveniently located near freeways, shopping centers, restaurants, and located near metro stations.

Listed by Daniel Avendano | BRE #01333984 | Century 21 Allstars
Last checked: 2 minutes ago | Last updated: February 25th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,208
HOA Dues
$0/mo
Year built
1922
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
DW24012367
City
Los Angeles
County
Los Angeles
Time on Site
111 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $10,500
  • Net Operating Income: $9,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,100
  • Electric: $230
  • Gas/Fuel: $120
  • Trash: $200
  • Insurance: $250
  • Professional Management: $0
  • Water/Sewer: $300

Property Details for 2923 S Orange Dr

Interior Features
Cooling Information
  • Has Cooling
  • ENERGY STAR Qualified Equipment
Heating Information
  • Has Heating
  • ENERGY STAR Qualified Equipment
Laundry Information
  • Has Laundry
  • In Kitchen, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom
Kitchen Information
  • Has Appliances
  • ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Gas Water Heater, Microwave, Recirculated Exhaust Fan, Water Heater
Interior Features
  • Granite Counters, Quartz Counters
Exterior Features
Exterior Information
  • Roof: Asphalt, Shingle, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Detached Carport, Driveway, Concrete, Garage - Three Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5049021051
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: W Jefferson and La Brea Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 2923 S Orange Dr

Last sold for $1,300,000 on February 23rd, 2024
  • February, 2024

  • Feb 23, 2024

    Date

    Sold

    CRMLS: DW24012367

    $1,300,000

    Price

  • Jan 27, 2024

    Date

    Active

    CRMLS: DW24012367

    $1,200,000

    Price

  • June, 1996

  • Jun 12, 1996

    Date

    Sold (Public Records)

    Public Records

    $141,000

    Price

  • January, 1996

  • Jan 11, 1996

    Date

    Sold (Public Records)

    Public Records

    $118,733

    Price

Show More

Tax History for 2923 S Orange Dr

Assessed Value (2020): $214,477
Year Land Value Improved Value Assessed Value
2020 $113,912 $100,565 $214,477

Home Value Compared to the Market

This property vs the competition

2923 S Orange Dr sold on February 23, 2024 for 0.84% 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 $400000 per/sqft which puts the price per square foot 52880.13% higher than the current median sale per square foot for the city of Los Angeles.

About 2923 S Orange Dr

Detailed summary of property

2923 S Orange Dr is a triplex that recently sold in Los Angeles, CA 90016. This triplex offered 5 bedrooms, 3 bathrooms, roughly 3 living square feet, and sits on an approximately 7,208 square foot lot. 2923 S Orange Dr was first listed on ArdentRealEstateGroup.com on January 20, 2024. The homeowner sold the property for $1,300,000. 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 0.84% higher than the current median priced home. Local homes that are currently for sale include 5869 Dauphin Ave, 4723 Pickford St and 3809 W 30th St. While the average home in Los Angeles, CA is selling in 93 days, 2923 S Orange Dr has a days on market of 4 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 2923 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 2923 S Orange Dr

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,350
Lot Size
7,206
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
164
APN
5049-021-051

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
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 2923 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.