Property listed by East West Estates, Donnie Muldrow 310-492-4333
8703 Orchard Avenue
Los Angeles, CA 90044
Beds
5
Square Ft.
2,682
$735,000
Incredible opportunity to own a 5-unit multifamily property in the heart of Los Angeles! This unique setup includes a single-family residence and a quadruplex, with each unit featuring 1 bedroom and 1 bathroom ideal for strong and consistent rental income. One unit will be delivered vacant at closing with… Read More new cabinets, paint and flooring, offering immediate owner-occupancy or premium rental potential. All other units are month-to-month, providing flexibility for future rent increases or redevelopment plans. Recent capital improvements include a brand new roof, ensuring minimal near-term maintenance and long-term durability. Plenty of on-street parking and located in an area with strong rental demand. Perfect for both investors looking to expand their portfolio and first-time buyers entering the multifamily space. Read Less
Listing Snapshot
Days Online
31
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,682
Lot Size
0.14 Acres
Year Built
1921
MLS Number
25549725
30 Days Snapshot Of 90044
$670k
+10%
(avg) sold price
10
-41%
homes sold
83
-17%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1921, Building area total: 2,682, Levels: Two, Living area: 2682, 2 stories, 2 buildings
Cooling
None
Heating
WallFurnace
Income
Gross income: $48,000, Net operating income: $40,500
Interior Features
CeilingFans
Lot
0.1379 acres, 6,006 square feet, Size: 6,006
Parking
5 totals parking, Concrete
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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