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    1237 S Orange Dr

    Los Angeles, CA 90019
    • $1,649,000
    • STATUS: Active Under Contract
    • ON SITE: 26 days
    • ID#: 21-705578
    Under Contract
    UPDATED: 20 min ago
    $1,649,000
    • 5
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,674
      SQFT
    • $617
      $/SQFT
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Light & Bright East Coast Traditional Home with Exterior Office & Bonus 1-BR Rental Unit Above Garage - in coveted Miracle Mile South. RARE OPPORTUNITY & ONE YOU MUST SEE IN PERSON TO TRULY APPRECIATE! Located on a Storybook tree-lined street that feels very classic and residential. The primary home is a large 2-Story residence with a privately hedged rear yard. Behind the backyard hedges (of the primary home) is a completely separate additional structure (Owners Office/Garage on first floor + a $2400/mos rental on second floor). Each structure has their own separate private outdoor space, and the grounds feature green grass and 3 mature peppercorn trees. Front Unit Delivered Vacant, and rear unit has a stable, high quality tenant on 1-year lease at $2400/mos. Prime Miracle Mile location between Downtown LA and the Westside. Many restaurants, cafes, and shops all around, including Trejo's Tacos, Republique, and the new Firestone Brewery! This is the one you hoped would hit the market - an incredibly well-preserved, lovingly cared for home, where additional rental income helps pay half the mortgage. Your opportunity awaits - Welcome Home!

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-11T06:42:42.947. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.cgluxuryhomesla.com/homes/115124669
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    1237 S Orange Dr Los Angeles, CA 90019

    • Price: $1,649,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: 21-705578
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,674
    SQFT
    $617
    $/SQFT
    1924
    Built
    Neighborhood:
    Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    Beverly Center-Miracle Mile
    Property Description
    Light & Bright East Coast Traditional Home with Exterior Office & Bonus 1-BR Rental Unit Above Garage - in coveted Miracle Mile South. RARE OPPORTUNITY & ONE YOU MUST SEE IN PERSON TO TRULY APPRECIATE! Located on a Storybook tree-lined street that feels very classic and residential. The primary home is a large 2-Story residence with a privately hedged rear yard. Behind the backyard hedges (of the primary home) is a completely separate additional structure (Owners Office/Garage on first floor + a $2400/mos rental on second floor). Each structure has their own separate private outdoor space, and the grounds feature green grass and 3 mature peppercorn trees. Front Unit Delivered Vacant, and rear unit has a stable, high quality tenant on 1-year lease at $2400/mos. Prime Miracle Mile location between Downtown LA and the Westside. Many restaurants, cafes, and shops all around, including Trejo's Tacos, Republique, and the new Firestone Brewery! This is the one you hoped would hit the market - an incredibly well-preserved, lovingly cared for home, where additional rental income helps pay half the mortgage. Your opportunity awaits - Welcome Home!
    Exterior Features

    Covered Parking 3 Lot Size Area 6290 Other Structures Accessory BldgsAccessory Dwelling Unit Parking Garage Direct EntranceDoor OpenerGarage - 1 CarGarage - 2 CarGarage - 3 Car Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Style Traditional Total Parking 4 View Description City LightsMountainsLandmark View YN Yes

    Interior Features

    Baths Total 3.00 Cooling Central Equipment Dishwasher Heating Central Laundry InsideIn Unit

    Property Features

    Assessed Total Value 894468 Gross Income 104000 Gross Operating Income 101268 Like Units1 1 Like Units2 1 Net Operating Income 75951.00 Number Of Buildings 2 Number Of Units 2 Property Condition Updated/Remodeled Sale Type Standard Source Living Area Taped Source Lot Size Area Vendor Enhanced Total Annual Expense 25317 Type Of Units 2 Units Year Built Source Vendor Enhanced Zoning Lar2

    Listing provided courtesy of Rachel Hsieh DRE#01913428 of Keller Williams Realty Los Feliz.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-11T06:42:42.947. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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