California / Los Angeles / 90019 / 1114 South Orange Drive

1114 South Orange Drive

Q: What is the asking price for 1114 South Orange Drive in Los Angeles?

The asking price for 1114 South Orange Drive is $1,500,000

Q: What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 1114 South Orange Drive in Los Angeles is 5,665 square feet.

Q: How much land does the Los Angeles, CA property at 1114 South Orange Drive include?

1114 South Orange Drive in Los Angeles includes 0.167 acres of land.

Q: What is the population within 1 mile of 1114 South Orange Drive?

The population within 1 mile of 1114 South Orange Drive Los Angeles, CA 90019 is 47,695 people.

Q: Who do I contact for questions about 1114 South Orange Drive?

You should contact the listing agent, Kevin Daniali , for any details regarding this commercial listing.

Los Angeles, CA 90019

Listing ID: 266037

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1114 South Orange Drive | for Sale | Thumbnail 1

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Building Size: 5,665 SF

Lot Size: 0.167 AC

Land Size: 7,281 SF

Building $/SF: $264.78

Land $/SF: $206.02

Price

$1,500,000

Property Highlights

VALUE-ADD OPPORTUNITY

Brand New ADU and Over 50 of upside on rental

PARKING SPACES WITH NO SEISMIC RETROFIT REQUIREMENTS

LONG TERM OWNERSHIP

DESIRABLE ZONING

OPPORTUNITY ZONE

EMERGING INFILL LOS ANGELES LOCATION

Building is Located within Mid-City Opportunity Zone

CENTRALLY LOCATED

Description

We are pleased to present the opportunity to acquire 1114 S Orange Drive, a quiet triplex in Mid-City Los Angeles.
The well-maintained property built in 1941 and renovated in 2010 consists of two one-bedroom units, one four-bedroom unit and a one-bedroom value add unit. It's 7,281 SF lot is located within a highly desirable pocket of Mid-City Los Angeles. It is walking distance to La Brea Avenue providing convenient access to daily errands and, retail and entertainment venues.
The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to renovate the building to achieve superior future returns moving forward makes 1114 South Orange Drive an excellent investment opportunity.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Los Angeles History of Multifamily Housing for Sale

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Listing Demographics for 1114 South Orange Drive Los Angeles, CA 90019

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		47,695	463,480	1,141,014
Population Median Age		38	38	38
Population by Age	0-9 Yrs	4471 (9%)	46474 (10%)	112336 (9%)
	10-19 Yrs	3538 (7%)	43092 (9%)	111936 (9%)
	20-29 Yrs	9414 (19%)	83027 (17%)	214447 (18%)
	30-39 Yrs	9643 (20%)	85678 (18%)	206268 (18%)
	40-49 Yrs	7295 (15%)	67492 (14%)	158026 (13%)
	50-59 Yrs	5405 (11%)	55246 (11%)	136868 (11%)
	60-69 Yrs	4547 (9%)	42587 (9%)	103832 (9%)
	70+ Yrs	3383 (7%)	39884 (8%)	97301 (8%)

Median HH Income		$69,800	$58,041	$56,085
Total Household Income	< 24K	3808 (18%)	43424 (22%)	113269 (24%)
	25-49K	3905 (18%)	41772 (21%)	99148 (21%)
	50-74K	3396 (16%)	32260 (16%)	73272 (15%)
	75-99K	2380 (11%)	20959 (10%)	50089 (10%)
	100-199K	5086 (24%)	36919 (19%)	85003 (18%)
	200K+	2269 (10%)	17531 (9%)	42858 (9%)

Highest Education Level	No Diploma	5318	62199	170970
	Diploma or GED	4618	60299	142627
	Some College	5909	56918	136314
	Assoc. Degree	2277	19839	46071
	Bachelors Degree	11278	96209	219486
	Higher Degree	6458	46499	113130

Total Housing Units		23,058	213,624	515,216
--Owner-Occupied		4,932	43,485	109,224
--Renter-Occupied		15,911	149,380	354,415
Owner-Occupied Values	< 100K	64	738	1793
	100-199K	9	419	1417
	200-299K	105	1222	3174
	300-399K	147	2316	7601
	400-499K	223	3180	8739
	500K+	4385	35611	86499

Total Working Age Population		40,977	390,998	964,198
In Work Force		30,047	274,276	667,377
Not In Work Force		10,929	116,722	296,821
Workforce Employed		28,892	258,697	624,530
Workforce Unemployed		1,156	15,497	42,514
Civlian Workforce		30,047	274,194	667,044
Military Workforce		0	82	333

Total Households		20,843	192,865	463,639
Family Households		9,640	94,227	222,992
Non-Family Households		11,204	98,638	240,647
Married Couple		6,607	61,251	140,384
Other Family		3,032	32,976	82,608
Married w/Child		2,541	24,609	55,608
Single Male w/Child		521	3,910	9,853
Single Female w/Child		633	9,264	23,473

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1114 South Orange Drive in Los Angeles?

The asking price for 1114 South Orange Drive is $1,500,000

What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 1114 South Orange Drive in Los Angeles is 5,665 square feet

How much land does the Los Angeles, CA property at 1114 South Orange Drive include?

1114 South Orange Drive in Los Angeles includes 0.167 acres of land

What is the population within 1 mile of 1114 South Orange Drive in Los Angeles?

The population within 1 mile of 1114 South Orange Drive Los Angeles, CA 90019 is 47,695 people.

Who do I contact for questions about 1114 South Orange Drive?

You should contact the listing agent, Kevin Daniali , for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Los Angeles International Airport (LAX)	9
John Wayne Airport-Orange County Airport (SNA)	38
Ontario International Airport (ONT)	43