FSBO
FSBO - For Sale
$1,100,000
For Sale by Owner
Listed 1 month ago
4BR Multi-Family for Sale in Los Angeles, CA
1259 S Orange Dr, Los Angeles, CA 90019
4 Beds
4 Bath
Built 1928
PropSlick Verified Data
Key facts & insights for this exact address
1928
Year Built
$1,422
Property Tax / yr
6,604 sf
Lot Size
3
Garage Spaces
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built1928
Lot Size6,604 sq ft
Garage Spaces3
Annual Property Tax$1,422
Property Description
Prime Mid-Wilshire/Wilshire Vista Development Opportunity! Located in one of Los Angeles' most desirable neighborhoods, this LAR2-zoned property offers exceptional investment and redevelopment potential. Existing zoning may accommodate multifamily development, ADUs, or future redevelopment opportunities (buyer to verify with the City of Los Angeles). LAR2 zoning may provide greater flexibility than SB 9, with potential opportunities for Density Bonus or other incentive programs, if applicable. Ideally situated in the sought-after Wilshire Vista/Mid-Wilshire neighborhood, adjacent to Miracle Mile and just minutes from Larchmont Village, Hancock Park, Beverly Grove, West Hollywood, and Koreatown. Enjoy convenient access to premier dining, shopping, entertainment, and major employment centers. Property is subject to the City of Los Angeles REAP Program. One unit is tenant-occupied and will transfer subject to the existing tenancy. The owner-occupied unit will be delivered vacant at the close of escrow. CASH OFFERS ONLY ! Buyer to independently verify zoning, development potential, allowable uses, REAP status, tenancy, and any applicable incentive programs with the City of Los Angeles.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Washer/Dryer
Property Location
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