2938 S Orange Dr - Multi-Family FOR SALE


Los Angeles, CA 90016- West Adams
$1,599,999 USD
310-488-1789
2938 S Orange Dr, Los Angeles, CA for Sale
$1,599,999 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

2938 S Orange Dr
Los Angeles, CA 90016
West Adams


HIGHLIGHTS

  • Triplex in West Adams
  • 6,000 SF Lot Zoned R3 (TOC3)
  • Located in a Federal qualified opportunity zone
  • One of the most dynamic neighborhoods in LA
  • Walkscore of 83 (Very Walkable)
  • Part of an assemblage of multiple properties also for sale

OVERVIEW

Prime West Adams Triplex with Development Upside Unlock the potential of this West Adams triplex, ideally situated on a 6,000 SF R3-zoned lot (TOC Tier 3) in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Located in a Federal Qualified Opportunity Zone, this property offers significant tax advantages for investors and developers alike. With a Walk Score of 83, residents enjoy easy access to local shops, restaurants, and transit options, making this a highly desirable rental or redevelopment opportunity. The site is also part of a larger assemblage of multiple properties available for sale, presenting a rare chance to acquire a strategic footprint in a dynamic growth corridor. Whether you're looking to generate steady rental income or explore the value-add potential through redevelopment, this West Adams gem is not to be missed.

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$736 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,001 SF

ZONING

R-3

APN/PARCEL ID

5049-032-044

ASK ABOUT THIS PROPERTY

Tom WatkinsCentennial AdvisersMore Info
310-488-1789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tom WatkinsCentennial AdvisersMore Info
310-488-1789

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.