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1119 Orange Drive
Los Angeles, CA 90019
Sold
Featuring spacious two-bedroom units that average approximately 1,850 square feet each, the property has been heavily remodeled in recent years. The downstairs unit has been extensively upgraded and now boasts crystal chandeliers, stainless steel appliances, Caesarstone countertops, and subway tile backsplashes. Both apartments also include in-unit washer/dryers, fireplaces, beamed soffit ceilings, hardwood floors, large windows, interior archways, and individual water heaters. The exterior embraces this same architectural style, with an elegant breezeway, Spanish tile roof, and textured stucco walls, all complimented by precise landscaping. The property sits near the intersection of La Brea Avenue and Olympic Boulevard, offering tenants convenient access to all of the Miracle Mile's famous destinations. The Grove and Farmer's Market are just a short drive north, while LACMA, the El Rey Theatre, and the Midtown Shopping Center are all nearby as well. Residents are also adjacent to Beverly Hills and Hancock Park, providing luxury retail and high-end dining options. The Miracle Mile neighborhood has been experiencing plenty of new capital investments in the form of renovations and full remodels, only adding to the charm of the area. Miracle Mile is slated to have even more capital coming in via the Wilshire Courtyard, a high-rise office building, and the Mirabel, an Art Deco-inspired tower with 348 apartments and ground-floor retail. It has a been a highly desirable submarket for years, a trend that many investors expect to continue. The property at 1119-1121 S Orange Drive is a great opportunity for an investor to own a beautiful asset in one of Los Angeles' premier neighborhoods.
PROPERTY INFORMATION
| MLS # | 23247235 | Lot Size | 5,686 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,350,000
Price Per SqFt: $ 362 |
DOM | 792 Days |
| Address | 1119 Orange Drive | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,734 Sq. Ft. |
| Postal Code | 90019 | Garage | N/A |
| County | Los Angeles | Year Built | 1935 |
| Bed / Bath | 4 / 0 | Parking | N/A |
| Built In | 1935 | Status | Closed |
| Sold Date | 2023-08-11 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,440
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/23/2023 | Relisted | $1,350,000 |
| 03/03/2023 | Listed | $1,350,000 |
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Listing provided courtesy of Roderick 'Rick' Raymundo, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
