Brand-New Five-Unit Multifamily
For Sale
$3,195,000
1414 S Orange Drive, Los Angeles, CA 90019
2021 five-unit apartment building with fully leased residences and separate metering for gas, electric, and water.
Property Size7,456 SF
Lot Size0.16 Acres
Price / SF$428.51
Days on Market141
Property Features for 1414 S Orange Drive
General Information
Standard status
Active
Size
7,456 SF
Total Parking Spaces
10
Lot size
0.16 Acres
Property subtype
Multi-family
Zoning
LARD1.5
Occupancy
100%
Additional Details
Cap Rate
5.92%
Multifamily Units
5
Building Details
Year Built
2021
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate,Inc.
Listed By:
David Saghian · License #01992252
(310) 425-9838
Source:
Sevengables
Added: Apr 19
Changed: Sep 5
Last Checked: Sep 5 at 8:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate,Inc.
Investment Insights
Based on property information with market context.
1414 S Orange Dr presents a brand-new 2021 construction five-unit multifamily property developed across three buildings, totaling 7,456 square feet of improvements on a 7,002 square foot LARD1.5 zoned lot. The current unit mix includes two 4-bedroom, 4.5-bath units, one 3-bedroom, 3.5-bath unit, and two 3-bedroom, 2-bath units. Interiors are designed with open concept layouts, high ceilings, large kitchen islands or peninsulas, stainless steel appliances, in-unit laundry with washers and dryers included, and modern high-end fixtures.
All five units are fully leased. The property is separately metered for gas, electric, and water, with five meters for each utility, and tenants pay all utilities. Parking includes five tandem garages and five additional exterior parking spaces. Located in Mid City, Los Angeles, the property is described as walkable (Walk Score of 85) and is offered as a 1031 exchange opportunity; buyers should verify all information.
All five units are fully leased. The property is separately metered for gas, electric, and water, with five meters for each utility, and tenants pay all utilities. Parking includes five tandem garages and five additional exterior parking spaces. Located in Mid City, Los Angeles, the property is described as walkable (Walk Score of 85) and is offered as a 1031 exchange opportunity; buyers should verify all information.
Key Highlights
- 2021 built 5‑unit multifamily property with all five units fully leased
- LARD1.5 zoned 7,002 SF lot with 7,456 SF improvements across three buildings
- Unit mix: two 4BD/4.5BA, one 3BD/3.5BA, and two 3BD/2BA units
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,543
Businesses Nearby
Explore this area
Business Placement
Demographics for 90019, CA
62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 2021 five-unit apartment building with fully leased residences and separate metering for gas, electric, and water.
Where is this apartment building located?
The property is located at 1414 S Orange Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,195,000.
What are key features of this property?
This property features: 2021 built 5‑unit multifamily property with all five units fully leased; LARD1.5 zoned 7,002 SF lot with 7,456 SF improvements across three buildings; Unit mix: two 4BD/4.5BA, one 3BD/3.5BA, and two 3BD/2BA units
