1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
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Shannon Guiragossian

Shannon Guiragossian

+1(760) 537-9002
$ 3,395,000
Est. payment | /mo

17 Beds

16 Baths

7,456 SqFt

Save
$ 3,395,000
Est. payment | /mo
Save

17 Beds

16 Baths

7,456 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,456 sqft

Price per Sqft $455

MLS Listing ID 26837659

Bedrooms 17

Year Built 2021

Lot Size 7,004 Sqft

Acres 0.1608

Property Sub-Type Multi-Family

Property Description

"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, reflecting strong rental demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,395,000, the property presents a real cap rate of 5.92% and a GRM of 13.28, equating to $679,000 per unit and $455 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. Buyer to verify all information.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central, Wall Unit(s)

Equipment Dishwasher, Microwave, Dryer, Washer

Exterior

Parking Features Garage - 2 Car, Uncovered

Garage Spaces 10.0

Building

Story 3

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

Shannon Guiragossian

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 537-9002

shannongrealestate@gmail.com

36923 Cook St Suite B101, Palm Desert, CA, 92211, USA

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1414 S Orange Dr