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    1915 S Orange Dr Los Angeles, CA 90016

    For Sale
    $1,229,000

    Charming, well-maintained three-unit income property in Mid-City neighborhood.

    Lot size:
    0.10 Acres

    Property Features for 1915 S Orange Dr

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1949

    Source: Crestview Real Estate Agent Aida Abnoosian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Three-Unit Income Property

    This is a three-unit income property located in the Mid-City neighborhood. The property is situated in close proximity to Culver City, Beverly Hills, Downtown Los Angeles, the University of Southern California (USC), and the 10 Freeway. Unit 1915 is a two-bedroom, one-bathroom unit that was completely updated in 2022. It features new cabinets, new central HVAC, in-unit laundry hookups, and backyard access. Unit 1915 1/2 is a three-bedroom, one-bathroom unit that was updated in 2016, featuring in-unit laundry hookups, central HVAC, and two balconies. Unit 1917 is a two-bedroom, one-bathroom unit updated in 2016, featuring in-unit laundry hookups, central HVAC, and a small patio. One unit will be delivered vacant. The gross rent is $7,000.00.
    Location Intelligence

    Current Use by Public Records

    apartment Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.35016
    Latitude
    34.04027

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    FAQs

    What type of property is this?
    Triplex - Charming, well-maintained three-unit income property in Mid-City neighborhood.
    Where is this triplex located?
    The property is located at 1915 S Orange Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,229,000.
    What are key features of this property?
    This property features: - One unit (2 Bed/1 Bath) to be delivered vacant, completely updated in 2022 with new cabinets, central HVAC, in-unit laundry, and backyard access.; - Income property with three units generating $7,000 gross monthly rent.; - Unit 1915 1/2 (3 Bed/1 Bath) updated in 2016 featuring in-unit laundry, central HVAC, and 2 balconies.
    (818) 636-1114
    Request Owner's contact information
    1915 S Orange Dr Los Angeles, CA 90016
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    Los Angeles, CA 90016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1915 S Orange Dr Los Angeles, CA 90016
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