Price Reduction
Address
630 N Orange Drive Los Angeles, CA
Price
$ 2,100,000
Property Attributes
  • MLS#OC18074567
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHancock Park
  • Zip90036
  • Style
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3830
  • Lot Size5,400 SqFt
Listing Provided Courtesy Of:
Regina Chen with HomeSmart, Evergreen Realty.
Property Description

This turnkey 4-UNIT property offers investors a unique and rare opportunity to acquire an investment property in one of LA’s best rental markets with promising rental upside. It is located in highly desirable HANCOCK PARK, a densely populated rental submarket of Los Angeles known for excellent rent growth and low vacancy rates. The property has been well maintained with many upgrades including new windows, new piping, new HVAC, kitchen and bathroom, and electrical. Each unit has its own in-unit washer/dryer hookups, refrigerator, stove and assigned private parking. Its transit-oriented and highly walkable location (WalkScore of 86) offers residents access to myriad entertainment venues, cultural destinations, and dining options nearby. Given its location and strong income potential, 630 North Orange Drive is an ideal investment for investors seeking long term wealth preservation and appreciation.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/16/2018 Listed $2,500,000
5/22/2018 6% - $2,350,000
8/3/2018 11% - $2,100,000

General Features

Attached Structure Attached
Community Features Sidewalks
Directions East of La Brea / South of Melrose
Listing Agent Regina Chen - BRE#01866664
Listing Agent State License 01866664
MLS Area HPK - Hancock Park
Number of Units Leased 4
Price Per Square Foot 548.30
Property Attached Y/N Yes
Special Listing Conditions Standard
Total Units 4
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Garbage Disposal, Gas Stove, Refrigerator, Water Heater Unit
Appliances Y/N Yes
Common Walls 1 Common Wall
Cooling Central
Flooring Wood
Heating Central Furnace
Heating Y/N Yes
Laundry Features Stackable, Washer Hookup, Washer Included
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3830.00
Carport Spaces 2.00
Garage Spaces 0.00
Lot Features 2-5 Units/Acre
Lot Size Source Assessor
Lot Size Square Feet 5400.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Pool Features None
Total Parking 4.00
Uncovered Spaces 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90036

Price
AVG $3.15M
$2.1M
Visits
AVG 18
131
Year Built
AVG 1933
1950

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