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1048 S ORANGE Drive

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1048 S ORANGE Drive | Los Angeles, CA

$2,000,000

5,600 SQ.FT.

We are pleased to present 1048 S. Orange Dr., located in Los Angeles, California. Built in 1926, the property is comprised of four large 2 bedroom / 1 bathroom units that are approximately 1,400 SF each. The stunning property is a wood framed structure with full brick veneer, hardwood floors and crown moldings. A true value add opportunity with unit #3's lease coming up in November and rents approximately 35% below market, the offering allows an investor immense upside in a strong rental market. Its combination of architectural character and prime location make it a valuable asset for acquisition by an owner/user or a blue chip investment for your portfolio. Seller will not entertain any offer without full credit report, documentation for the funds, and/or pre-approval if a loan is required.
Listing Provided by Filip Niculete, Marcus & Millichap

Based on information from California Regional Multiple Listing Service, Inc. as of August 8, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.