1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
1414 S Orange Dr, Los Angeles, CA 90019
34
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$3,499,000
Est. payment /mo
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17 Beds
16.5 Baths
7,456 SqFt
Price Dropped by $51K

1414 S Orange Dr Los Angeles, CA 90019

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

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 $469

MLS Listing ID 26660309

Bedrooms 17

Year Built 2022

Lot Size 7,004 Sqft

Acres 0.1608

Property Sub-Type Multi-Family

Property Description

MOTIVATED SELLER *** We are pleased to present 1414 S Orange Drive, a newly constructed 2022 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 asset 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 features open concept layouts, high ceilings, large kitchen islands or peninsulas, premium stainless steel appliances, sleek bathrooms with marble finishes, in unit laundry, and modern high end finishes throughout. All five units are fully leased, reflecting strong tenant demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,499,000, the property presents a 5.7% cap rate and 13.69 GRM, equating to $700,000 per unit and $469 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, significantly reducing operating expenses and increasing net income.The property also features five tandem garages and five additional exterior parking spaces, providing ample parking for residents.Located just minutes from popular restaurants, retail, and entertainment, this is an exceptional 1031 exchange opportunity and a rare chance to acquire a low maintenance, high yield asset in one of Los Angeles' strongest 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

Equipment Microwave, Refrigerator, Stackable W/D Hookup, Washer, Range/Oven, Dryer, Dishwasher

Exterior

Parking Features Garage - 1 Car, Garage Is Attached, Uncovered

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 SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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1414 S Orange Dr