Active

1414 S Orange Drive

Los Angeles, CA 90019
Mark as Favorite
Bed 17

Bed

Bath 16

Bath

SqFt7,456

Sqft

SqFt7,004

Sqft(Lot)

MOTIVATED SELLER! 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 bringing in $21,5 58/month with upside as well, reflecting strong rental demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,195,000, the property presents a real cap rate of 6.31% and a GRM of 12.35, equating to $639,000 per unit and $429 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. Building is RSO. Buyer to verify all information.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,195,000

AD Id : 79071571

MLS Id : 26837659

Beds : 17

Lot Size : 7,004 Sqft

Living Area Size : 7,456

Year Built : 2021

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 17

    Bathroom Information

    Total Baths: 16
  • Interior Features

    Appliances: Dishwasher, Microwave, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2021
    Building Area Total: 7456
    Private Pool: No

  • Lot Information

    Main Square Feet: 7004 Lot Size Acres: 0.1608 Lot Size Square Feet: 7,004

  • Listing Price Information

    Listing Price: $3195000
    Original Price: $3395000

  • Tax Information

    Parcel Number: 5070018007

  • Location Information

    Direction: South of Pico, West of La Brea Ave
Sell a home like this and save $191,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,343,000 4 2 1,830 1,830 SqFt
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 4,800 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
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 1,273 SqFt
1406 S Wilton Place, Los Angeles, CA, 90019 $775,000 2 2 1,085 1,085 SqFt
918 5th, Los Angeles, CA, 90019 $1,375,000 3 5 1,619 1,619 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 06:18

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

Homes around $3,195,000

Selling? Save $191,201 when you sell a home like this

Tour with a ByOwner Agent