1414 S Orange Drive, Los Angeles, CA 90019
Local realty services provided by:ERA North Orange County Real Estate
1414 S Orange Drive,Los Angeles, CA 90019
$3,395,000
- 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:$3,395,000
- Price per sq. ft.:$455.34
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 $3,395,000, the property presents a real cap rate of 5.92% and a GRM of 13.28, equating to $679,000 per unit and $455 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. Buyer to verify all information....
Contact an agent
Home facts
- Year built:2021
- Listing ID #:26837659
- Added:1 day(s) ago
- Updated:May 22, 2026 at 06:23 PM
Rooms and interior
- Bedrooms:17
- Total bathrooms:16
- Kitchen Description:Dishwasher, Microwave, Washer
- Living area:7,456 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2021
- Building area:7,456 sq. ft.
- Lot area:0.16 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$3,395,000
- Price per sq. ft.:$455.34
Features and amenities
- Appliances:Dishwasher, Dryer, Microwave, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:10
- Parking description:Door Multi, Garage, Uncovered
New listings near 1414 S Orange Drive
$1,049,000Active-- beds -- baths3,230 sq. ft.2532 2530-2532 Wabash Ave., Other, CA 90033
MLS# DW26077026Listed by: VICTORIA PREMIER REALTY
$1,099,000Active-- beds -- baths2,969 sq. ft.1234-1236 S Arizona Avenue, Los Angeles, CA 90022
MLS# SR26093506Listed by: LUXURY COLLECTIVE
$540,000Active3 beds 3 baths1,328 sq. ft.3-12301 Runnymede Street #3, North Hollywood, CA 91605
MLS# 226001237Listed by: CLIPPER PROPERTY MANAGEMENT INC
$1,049,000Active-- beds -- baths3,230 sq. ft.2532 2530-2532 Wabash Ave., Other, CA 90033
MLS# DW26077026Listed by: VICTORIA PREMIER REALTY
$1,099,000Active-- beds -- baths2,969 sq. ft.1234-1236 S Arizona Avenue, Los Angeles, CA 90022
MLS# SR26093506Listed by: LUXURY COLLECTIVE
$1,288,800Active-- beds -- baths3,828 sq. ft.4960-4962 Gambier Street, Los Angeles, CA 90032
MLS# TR25099738Listed by: CENTURY 21 MASTERS- New
$1,499,999Active3 beds 3 baths2,250 sq. ft.4210 Sepulveda Boulevard, Sherman Oaks, CA 91403
MLS# SR26111305Listed by: COLDWELL BANKER PREFERRED REALTORS - Open Sun, 1 to 3pmNew
$2,245,000Active4 beds 3 baths2,896 sq. ft.15232 Hartsook Street, Sherman Oaks, CA 91403
MLS# 26836111Listed by: COLDWELL BANKER REALTY - New
$16,995,000Active4 beds 4 baths5,000 sq. ft.201 S Bristol Avenue, Los Angeles, CA 90049
MLS# 26837253Listed by: CAROLWOOD ESTATES - New
$2,249,000Active4 beds 4 baths2,972 sq. ft.5528 Marburn Avenue, Los Angeles, CA 90043
MLS# 26837477Listed by: IKEM