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Multifamily Development Parcels
For Sale
$1,399,000

2924 S Orange, Los Angeles, CA 90016

Two adjacent Los Angeles parcels offered together, with one holding Eligible Site status and the other Review Eligibility.

Property SizeContact for details
Days on Market292

Property Features for 2924 S Orange

General Information

Standard status Active
Property subtype Res Income 2-4 Units

Site & Location

Neighborhood Carthay
Listing Agency: Justin White
Listed By: Justin White · License #01267826
Source: Mattrothrealtor
Added: Jan 12 Changed: Oct 30 Last Checked: Oct 29 at 10:49AM

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 Justin White

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering consists of two adjacent parcels in Los Angeles, presented together for a streamlined residential development path. The properties included are 2929 S. Mansfield and 2924 S. Orange Dr., each with separate designated status as described in the offering materials.

2929 S. Mansfield is described as holding Eligible Site status, while 2924 S. Orange Dr. is described as holding Review Eligibility status. The seller is offering the parcels together under the conditions noted for each designation.

Prospective buyers should review the eligibility designations and related requirements directly in the offering materials, as the promotional overview is the only status information provided here.

Key Highlights

  • Two adjacent Los Angeles parcels offered together: 2929 S. Mansfield and 2924 S. Orange Dr.
  • 2929 S. Mansfield holds Eligible Site status.
  • 2924 S. Orange Dr. holds Review Eligibility status.

Location Intelligence

Trade Area within ½ mile

5,092
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent Los Angeles parcels offered together, with one holding Eligible Site status and the other Review Eligibility.
Where is this apartment building located?
The property is located at 2924 S Orange Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Two adjacent Los Angeles parcels offered together: 2929 S. Mansfield and 2924 S. Orange Dr.; 2929 S. Mansfield holds Eligible Site status.; 2924 S. Orange Dr. holds Review Eligibility status.
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