Alta Realty Group Ca, Inc
Tom Fecske, Alta Realty Group Ca, IncPhone: (213) 219-9098
Email: tom.altarealty@gmail.com
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listing
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Residential IncomeFor Sale
$3,750,000
1414 S Orange Drive
Los Angeles, CA 90019
Listed by Jake Glaser DRE#02128816 jake@lyonstahl.com Lyon Stahl Investment Real Estate, Inc.
MLS: California Regional MLS (CRMLS)
17Beds
18Baths
7,002Sq Ft
Est. Mortgage
$19,457/mo

1414 S Orange Dr, a fantastic 5-unit investment property located in Mid City in Los Angeles, CA. Appraised in February 2023 for $4,050,000!!! This beautiful new construction cash-flowing property sits on a 0.16-acre lot with over $141,000 in capital improvements added in the past year. Some of the recent improvements include EV charging stations, nest thermostats, private yards and a new private fence line, enclosed garages, eco-friendly irrigation systems, brand-new LG washer/dryers, sliding glass doors, and beautifully designed landscaping. This property is being offered well below its previous sale price due to unforeseen circumstances from current ownership, providing a fantastic opportunity for a new buyer. The property features 5 spacious units and 7,002 square feet of living area in total. The property features (1) 3 bed 3.5 bath unit, (2) 4 bed 4.5 bath units, and (2) 3 bed 2 bath units across three separate structures. All of the units have been extensively upgraded and rented at market to strong tenants. 1414 S Orange Dr, nestled in a prime pocket of Mid City, offers strong Day 1 cash flow operating at 5.02% Cap Rate and 14.21 GRM.

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Information courtesy of Lyon Stahl Investment Real Estate, Inc. is subject to verification and is not guaranteed.
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