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2116 S Orange Drive

Los Angeles (City), CA 90016
  • $1,345,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 23317855
UPDATED: 59 min ago
$1,345,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,254
    SQFT
  • $413
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Cece Webb of Celeste Healy Webb (310-463-0302)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144218070
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2116 S Orange Drive Los Angeles (City), CA 90016

  • Price: $1,345,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 59 min ago
  • ID#: 23317855
8
Beds
0
Baths
0
½ Baths
0.14
Acres
3,254
SQFT
$413
$/SQFT
1923
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
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.
Exterior Features

Open Parking Spaces 3 Parking Features Driveway Parking Total 3 Patio And Porch Features EnclosedFront Porch Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas CooktopMicrowaveOvenDryer Cooling None Cooling YN No Flooring Laminate Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.9 Exclusions Unit 2 Ceiling Fans / Closet Builts-Ins (Belong To Current Tenant). Gross Income 95760 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 79474.07 New Construction YN No Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasOther Vacancy Allowance Rate 0 Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Cece Webb of Celeste Healy Webb (310-463-0302)