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2116 S Orange Dr, Los Angeles, CA 90016

$900,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 6 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

Map & Location

Street View

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

  • Sold For: $900,000
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 17-193030
  • Added: 75 day(s) ago

Property History

  • 2116 S Orange Dr, Los Angeles, CA
  • Sold at $900,000 on 3/21/17
  • Listed at $849,000 on 1/12/17

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

  • 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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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.

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