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2116 S Orange Dr, Los Angeles, CA 90016

$900,000

  • Sold
  • Closed
  • Multi-Family
2116 S Orange Dr, Los Angeles, CA 90016View this property at 2116 S Orange Dr, Los Angeles, CA 90016
2116 S Orange DrLos AngelesCA90016

Map & Location

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Property Description

Amazing Opportunity To Acquire A Triplex in A Popular Mid-City Neighborhood That Is Exploding With Upside Potential. One Unit Has A Relocation Agreement Signed With Owner. Remaining Two Units Are Generating Decent Income and Those Tenants Are Considering Relocation Offers From The Current Owner. Buyer Can Always Acquire As Is, At This Price, and Negotiate Their Own Agreements With Tenants. If Additional Relocation Agreements Are Signed By The Remaining Tenants, During The Listing Period Or During Escrow, The Price Will Increase Per Signed Agreement. The Opportunity For The Next Owner To Improve The Property and Increase Rents Is Staggering. With One Tenant Already Moving Out and The Other Two Seriously Considering The Current
Relocation Offers From The Owner, This Is Already Proving To Be Very Intriguing! **See Private Remarks For Additional, Important Information.**

Full Property Detailsfor 2116 S Orange Dr

General

  • Sold For: $900,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 17-193030
  • Added: 522 day(s) ago

Interior

  • Appliances: Built-Ins

Parking

  • Parking: Driveway

Location

  • County: Los Angeles
  • Driving Directions: JUST WEST OF LA BREA AND SOUTH OF WASHINGTON

Heating & Cooling

  • Heating Type: Wall Heater

Structural Information

  • # Buildings: 2
  • Square Feet: 3,254
  • Year Built: 1923

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 6,000
  • Zoning: LARD2

Listed by Keller Williams-Santa Monica, Jeffrey Lemen - CA DRE: 01314776
Sold by Sotheby's International Realty, Celeste "Cece" Webb - CA DRE: 01510746

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Schools

Schoolsserving 2116 S Orange Dr

School District:Los Angeles Unified School District
School Name
Grades
Distance
Cienega Elementary School
2611 S Orange Dr, Los Angeles, CA 90016
K-5
0.5 mi
Johnnie L Cochran Jr Middle School
4066 W Johnnie Cochran Vista, Los Angeles, CA 90019
6-8
1.4 mi
Susan Miller Dorsey Senior High School
3537 Farmdale Ave, Los Angeles, CA 90016
9-12
1.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 2116 S Orange Dr

Date
Details
Price
Change
Source
3/21/2017
Sold
$900,000
6.01%
MLS
1/12/2017
Listed
$849,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Community Info

Community Infofor 2116 S Orange Dr

Listed by Keller Williams-Santa Monica, Jeffrey Lemen - CA DRE: 01314776
Sold by Sotheby's International Realty, Celeste "Cece" Webb - CA DRE: 01510746

2116 S Orange Dr, Los Angeles, CA 90016 (MLS# 17-193030) is a Multi-Family property that was sold at $900,000 on March 21, 2017. Want to learn more about 2116 S Orange Dr? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.