Active

1414 S Orange Drive

Los Angeles, CA 90019
Mark as Favorite
Bed 17

Bed

Bath 0

Bath

SqFt7,456

Sqft

SqFt7,004

Sqft(Lot)

"We are pleased to present 1414 S Orange Drive, a brand new 2021 construction 5 unit multifamily property located in the heart of prime Mid City, Los Angeles. Situated on a 7,002 square foot LARD1.5 zoned lot with 7,456 square feet of improvements across three buildings, this nasset offers an ideal high income unit mix consisting of two 4 bedroom 4.5 bathroom units, one 3 bedroom 3.5 bathroom unit, and two 3 bedroom 2 bathroom units. Each residence is thoughtfully designed with open concept layouts, high ceilings, large kitchen islands or peninsulas, premium stainless steel appliances, sleek white bathrooms with marble finishes, in unit laundry rooms with washers and dryers included, and modern high end fixtures throughout.All five units are fully leased, reflecting strong rental demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,395,000, the property presents a real cap rate of 5.92% and a GRM of 13.28, equating to $679,000 per unit and $455 per square foot, making it one of the best priced new construction 5 unit assets in the submarket. Tenants pay all utilities, and the property is separately metered for gas, electric, and water with five meters for each, significantly reducing operating expenses and increasing net operating income. The building features five tandem garages plus five additional exterior parking spaces, providing ample parking for residents.Located just minutes from trendy restaurants, cafes, retail, and entertainment, 1414 S Orange Drive represents an exceptional 1031 exchange opportunity and a rare chance to acquire a low maintenance, high yield investment in one of Los Angeles' most desirable rental corridors. Buyer to verify all information.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,395,000

AD Id : 79071571

MLS Id : 26837659

Beds : 17

Lot Size : 7,004 Sqft

Living Area Size : 7,456

Year Built : 2021

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 17

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Microwave,Dryer,Washer
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2021 Building Area Total: 7,456

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1608
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7004

  • Listing Price Information

    Original List Price: 3,395,000 Listing Contract Date: 2026-05-22
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5070018007

  • Garage and Parking

    Garage Description: Door-Multi,Garage,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 4122 Directions: South of Pico, West of La Brea Ave Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 5 Year Built Source: Vendor Enhanced Total Square Feet Living: 7456 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1117 S Manhattan Place, Los Angeles, CA, 90019 $1,399,000 4 2 1,807 1,807 SqFt
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019 $1,790,000 6 3 3,024 3,024 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 -- 7,360 7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,280,000 9 5 7,512 7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 9,268 SqFt
1070 S Wilton Place, Los Angeles, CA, 90019 $2,300,000 4 2 3,190 3,190 SqFt
1023 S Wilton Place, Los Angeles, CA, 90019 $1,425,000 7 7 2,660 2,660 SqFt
1220 S Wilton Place, Los Angeles, CA, 90019 $1,765,000 4 1 3,382 3,382 SqFt
1224 S Wilton Place, Los Angeles, CA, 90019 $1,675,000 6 5 4,560 4,560 SqFt

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ByOwner last updated this listing 06/12/2026 @ 14:10

MLS: 26837659 LISTED BY: David Saghian, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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