1414 S Orange Drive, Los Angeles, CA 90019
Local realty services provided by:ERA Donahoe Realty
1414 S Orange Drive,Los Angeles, CA 90019
$3,195,000
- 17 Beds
- 16 Baths
- 7,456 sq. ft.
- Multi-family
- Active
Listed by: david saghian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26837659
Source:CRMLS
Price summary
- Price:$3,195,000
- Price per sq. ft.:$428.51
About this home
We are pleased to present 1414 S Orange Drive, a brand new 2021 construction 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 nasset 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 is thoughtfully designed with open concept layouts, high ceilings, large kitchen islands or peninsulas, premium stainless steel appliances, sleek white bathrooms with marble finishes, in unit laundry rooms with washers and dryers included, and modern high end fixtures throughout.All five units are fully leased, reflecting strong rental demand in this highly walkable Mid City location with a Walk Score of 85. Offered at $3,195,000, the property presents a real cap rate of 6.22% and a GRM of 12.5, equating to $639,000 per unit and $429 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 with five meters for each, significantly reducing operating expenses and increasing net operating income. The building features five tandem garages plus five additional exterior parking spaces, providing ample parking for residents.Located just minutes from trendy restaurants, cafes, retail, and entertainment, 1414 S Orange Drive represents an exceptional 1031 exchange opportunity and a rare chance to acquire a low maintenance, high yield investment in one of Los Angeles' most desirable rental corridors. Building is RSO. Buyer to verify all information....
Contact an agent
Home facts
- Year built:2021
- Listing ID #:26837659
- Added:59 day(s) ago
- Updated:July 21, 2026 at 11:02 AM
Rooms and interior
- Bedrooms:17
- Total bathrooms:16
- Kitchen Description:Dishwasher, Microwave
- Living area:7,456 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2021
- Building area:7,456 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$3,195,000
- Price per sq. ft.:$428.51
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:10
- Parking description:Door-Multi, Garage, Uncovered
New listings near 1414 S Orange Drive
- New
$735,000Active2 beds 2 baths1,250 sq. ft.540 Kenmore Avenue #203, Los Angeles, CA 90020
MLS# BB26136125Listed by: REDFIN CORPORATION - New
$599,000Active-- beds -- baths1,816 sq. ft.235 W 91st Street #2, Los Angeles, CA 90003
MLS# CV26158755Listed by: INTERNATIONAL REAL ESTATE SVCS - Coming Soon
$789,000Coming Soon4 beds 3 baths21823 Hiawatha Street, Chatsworth, CA 91311
MLS# PW26136482Listed by: COLDWELL BANKER ENVISION - Coming SoonOpen Sun, 2 to 4pm
$950,000Coming Soon2 beds 3 baths984 Granville, Los Angeles, CA 90049
MLS# SB26158670Listed by: EXP REALTY OF CALIFORNIA, INC. - Coming Soon
$929,999Coming Soon2 beds 1 baths22041 Providencia Street, Woodland Hills, CA 91364
MLS# 26854593Listed by: SYNC BROKERAGE, INC. - New
$1,925,000Active4 beds 3 baths2,370 sq. ft.12449 Allin Street, Los Angeles, CA 90066
MLS# 26858995Listed by: WEST SHORES REALTY, INC. - New
$2,595,000Active4 beds 3 baths2,667 sq. ft.14640 Tustin Street, Sherman Oaks, CA 91403
MLS# 26862187Listed by: ENGEL & VOLKERS BEVERLY HILLS - New
$535,000Active3 beds 3 baths1,354 sq. ft.15794 Midwood Drive #3, Granada Hills, CA 91344
MLS# IN26158678Listed by: DAVID SHORTER, BROKER - New
$799,900Active0.14 Acres10397 San Fernando Road, Pacoima, CA 91331
MLS# SR26158713Listed by: BEVERLY AND COMPANY - Open Sat, 1 to 4pmNew
$1,300,000Active2 beds 1 baths1,254 sq. ft.2050 Sanborn, Los Angeles, CA 90027
MLS# BB26153244Listed by: THE AGENCY