Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc.. Last updated 2024-05-21 08:11:24.000000. Listing information © 2022 Sandicor.
Asking Price: $1,595,000
2622 Orange, Los Angeles CA 90016
Community: C16 - Mid Los Angeles
This property was built in 1966 and is priced at $1,595,000. Please see the additional details below.
Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!
