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2116 S Orange Dr, Los Angeles, CA 90016

$849,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
2116 S Orange Dr, Los Angeles, CA 90016 View this property at 2116 S Orange Dr, Los Angeles, CA 90016
2116 S Orange Dr Los Angeles CA 90016

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 Details for 2116 S Orange Dr

  • Price: $849,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17-193030
  • Updated: 1/20/2017
  • Added: 10 day(s) ago

Property History

  • 2116 S Orange Dr, Los Angeles, CA
  • Listed at $849,000 on 1/12/17

Interior

  • Cooking Appliances: Built-Ins

Parking

  • Parking Features: Driveway
  • Parking: Driveway

Location

  • Area: Mid Los Angeles (C16)
  • County: Los Angeles
  • Development Name: Mid Los Angeles (C16)
  • 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 Source: Vendor Enhanced
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $260.91

Disclosures and Reports

  • Legal Disclosures: Take Property As Is

Listed by Keller Williams-Santa Monica, Jeffrey Lemen - CA DRE: 01314776

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Estimate the Cost

2116 S Orange Dr will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

2116 S Orange Dr, Los Angeles, CA 90016 (MLS# 17-193030) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 2116 S Orange Dr is currently listed for $849,000 and was received on January 12, 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.

Listed by Keller Williams-Santa Monica, Jeffrey Lemen - CA DRE: 01314776

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