Los Angeles, CA 90006 1418 Orchard Ave
$1,300,000
3 more
Presented By: Mauricio Calderon with eXp Realty of Greater Los Angeles, Inc.; 888-652-1314
- MLS# BB25036914
- 02/19/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 7
Baths • 5
SQFT • 4,569
Home Details
Back on the market with a price reduction for a faster sale. Excellent opportunity to own this 5 units investment property, 4 one bedroom one bath units in one building and a 3 bedroom one bathroom on a separate structure. Rent the 4 units and live in the 3 bedroom stand along unit (owner user) situated in a corner lot; Orchard Ave and 15th St. Closed proximity to USC campus, exposition Park, California Science Center, the BMO stadium, etc. too many amenities to mention. This property is a great opportunity to add to your portfolio, perfect for developers looking to renovate and or rebuild. (check with city of LA).
Presented By: Mauricio Calderon with eXp Realty of Greater Los Angeles, Inc.; 888-652-1314
Interior Features for 1418 Orchard Ave
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NNo
Interior AmenitiesMultipleStaircases
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 1418 Orchard Ave
AccessibilityNoStairs
Additional Parcels Y/NNo
AppliancesElectricRange, GasRange, GasWaterHeater
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
Construction MaterialsStucco
CountyLos Angeles
Current FinancingConventional
DirectionsNorth of 10 Fwy, West of Downtown LA, East of Western Ave.
DisclosuresRentControl
ElectricElectricityOnProperty
Electric On Property Y/NNo
Entry LocationFront
Expected Active Date 2025-02-24
Facing DirectionWest
Garage Spaces0.0
Garage Y/NNo
Gross Income93661.4
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3798.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsExchange1031, Submit
Lot Size Square Feet6720.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MaintenanceExpense2700.0
MobileHomeRemainsYNNo
Net Operating Income78063.4
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces5.0
Operating Expense15598.0
Pool FeaturesNone
PossessionClosePlus3Days
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Flat
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot24
Taxes$4,556
Tenant PaysElectricity, Gas, ParkingFee
Total Actual Rent7805.12
Trash Expense0.0
UtilitiesCableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
ViewNone
Water Sewer Expense3884.0
Waterfront Y/NNo
Year Built1903
Year Built SourceAssessor
Exterior for 1418 Orchard Ave
Building Area Total4569.0
Crops Included Y/NNo
FencingWroughtIron
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre, CornerLot, NoLandscaping
Lot Size Acres0.1543
Lot Size Area6720.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesNoDriveway, OnSite, OneSpace
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate