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$1,595,000   Price Analysis
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1089 S Orange Dr
Los Angeles, CA 90019
6 bed 4 bath 3,696 SqFt ($431/SqFt)
9,497SqFt lot. Built 1950
Listed 2023-09-21, Taxes $13,579
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This fourplex is located in a highly desirable Miracle Mile neighborhood.

Less than 3 miles from Beverly Grove and 2 miles from Hancock Park. Located between San Vicente Blvd. and Olympic Blvd., consists of 4 units the main structure and detached parking garages, with 2 x two bedrooms and 2 x one bedrooms apartments complete with detached garage and Storage space in addition to a common courtyard.

Separately metered for utilities. Built in 1950, the exterior of the building and 3 of the 4 units were recently remodeled. Three of the units washer/dryer, electrical water heaters, hardwood/bamboo flooring, microwav, refrigerator, stove, oven and dishwasher as well as HVAC. Unit #3 can be delivered vacant for Owner-User. Potential to add ADUs


Presented by Yair Haimoff at
Spectrum Commercial Real Estate, Inc.


Property MLS #23-313613 from TheMLSCLAW

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 4

Laundry Facilities: In Unit
Laundry Features: In Unit

Counter Top
Stone Counters
Tile Counters
Kitchen Features: Counter Top, Stone Counters, Tile Counters

Cooling Features: Air Conditioning, Central, Wall Unit(s)
Heating Features: Central

Flooring: Mixed

Lot Size Acres: 0.2180211
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9497

Garage Spaces: 4
Garage Description: Detached
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 2, 1 SquareFeet: 2500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2000, 3 BedsTotal: 2, 3 BathsTotal: 2, 3 SquareFeet: 2500, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2000

Tenant Pays: Electric, Gas, Trash

Source Listing Status: Active
County: Los Angeles
Directions: N of San Vicente and W of La Brea Avenue. Enter from Edgewood Place or La Brea Avenue.
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Owner Pays: Water, Gardener
Parcel Number: 5084-012-007
Postal Code Plus 4: 1523
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$396,484 + $712,063
$1,108,547
$13,579
2021$403,862 + $568,822
$972,684
$12,059
2020$399,721 + $562,990
$962,711
$12,178
2019$391,884 + $551,951
$943,835
$11,707
2018$384,200 + $541,129
$925,329
$11,550
2017$376,667 + $530,519
$907,186
$11,306
2016$369,282 + $520,117
$889,399
$11,028
2015$363,736 + $512,305
$876,041
$10,870
2014$356,611 + $502,270
$858,881
$10,928
2013$255,000 + $612,000
$867,000
$11,070
2012$59,980 + $299,914
$359,894
$4,927
2010$58,804 + $294,034
$352,838
$4,848
2009$58,504 + $292,531
$351,035
$4,672
2009$58,365 + $291,837
$350,202
$4,672
2008$57,357 + $286,796
$344,153
$4,485
2007$56,233 + $281,173
$337,406
$4,331

Relisted 2024-04-04
$1,595,000
TheMLSCLAW
Listing removed 2024-04-01
$0
TheMLSCLAW
Listed 2023-09-21
$1,595,000
TheMLSCLAW
Sold 2013-03-20
$854,950
ITECH
Listing removed 2013-01-24
$865,000
TheMLSCLAW
Price Changed 2012-11-19
$865,000
TheMLSCLAW
Listed 2012-11-03
$865,000
ITECH
Listed 2012-11-03
$849,900
TheMLSCLAW
Sold 2012-06-01
$665,000
TheMLSCLAW
Listed 2012-02-13
$665,000
ITECH
Listed 2012-02-13
$665,000
TheMLSCLAW
Sold 2000-07-17
$218,000
Public Record
Sold 1995-05-02
$170,000
Public Record

Net Operating Income: 44888

Total Square Feet Living: 3696
Year Built: 1950
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 74
Year Built Source: Vendor Enhanced

Other Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven

Wilshire Crest Elementary School is a public elementary school located approximately 0.2 miles away.
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Los Angeles Senior High School is a public high school located approximately 0.7 miles away.
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John Burroughs Middle School is a public middle school located approximately 0.8 miles away.
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Eric Hamilton's Academy of Learning (Psa) is a private middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.