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Sold for $1,300,000
  • $1,300,000

    2116 S Orange Dr, Los Angeles, CA 90016

    8beds
    0baths
    3,254sqft
    MultiFamily
    Built in 1923
    -- sqft lot
    $1,291,600 Zestimate®
    $400/sqft
    $3,639 Estimated rent

    Home value

    $1,291,600

    $1.14M - $1.45M

    $3,639/mo

    Zestimate® history
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    Owner options

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    $3,639/mo

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    Rent Zestimate®

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    $8,323/mo

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    $8,323/mo

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    What's special

    AMAZING OPPORTUNITY TO ACQUIRE A TRIPLEX IN A POPULAR MID-CITY NEIGHBORHOOD THAT IS EXPLODING WITH UPSIDE POTENTIAL. ONE UNIT HAS A RELOCATION AGREEMENT SIGNED WITH OWNER. REMAINING TWO UNITS ARE GENERATING DECENT INCOME AND THOSE TENANTS ARE CONSIDERING RELOCATION OFFERS FROM THE CURRENT OWNER. BUYER CAN ALWAYS ACQUIRE AS IS, AT THIS PRICE, AND NEGOTIATE THEIR OWN AGREEMENTS WITH TENANTS. IF ADDITIONAL RELOCATION AGREEMENTS ARE SIGNED BY THE REMAINING TENANTS, DURING THE LISTING PERIOD OR DURING ESCROW, THE PRICE WILL INCREASE PER SIGNED AGREEMENT. THE OPPORTUNITY FOR THE NEXT OWNER TO IMPROVE THE PROPERTY AND INCREASE RENTS IS STAGGERING. WITH ONE TENANT ALREADY MOVING OUT AND THE OTHER TWO SERIOUSLY CONSIDERING THE CURRENT RELOCATION OFFERS FROM THE OWNER, THIS IS ALREADY PROVING TO BE VERY INTRIGUING! **SEE PRIVATE REMARKS FOR ADDITIONAL, IMPORTANT INFORMATION.**

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • None, Other
    Cooling
    • None
    Features
    • Flooring: Other
    Interior area
    • Total interior livable area: 3,254 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Other
    Lot
    • Size: 5,998 Square Feet
    Details
    • Parcel number: 5062015004

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1923

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $1,326,000
    • Annual tax amount: $16,286

    Price history

    DateEventPrice
    1/17/2024Sold$1,300,000-3.3%$400/sqft
    Source: Public Record Report a problem
    12/8/2023Contingent$1,345,000$413/sqft
    Source: CLAW #23-317855 Report a problem
    10/9/2023Listed for sale$1,345,000+49.4%$413/sqft
    Source: CLAW #23-317855 Report a problem
    3/21/2017Sold$900,000+6%$277/sqft
    Source: CLAW #17193030 Report a problem
    1/20/2017Pending sale$849,000$261/sqft
    Source: Keller Williams - Santa Monica #17193030 Report a problem
    1/13/2017Listed for sale$849,000+136.5%$261/sqft
    Source: Keller Williams-Santa Monica #17193030 Report a problem
    10/27/2009Sold$359,000-5.3%$110/sqft
    Source: Public Record Report a problem
    8/1/2009Price change$379,000-5%$116/sqft
    Source: Litespeed Mortgage Corporation #P691918 Report a problem
    6/20/2009Listed for sale$399,000-46.8%$123/sqft
    Source: Litespeed Mortgage Corporation #P691918 Report a problem
    8/8/2006Sold$750,000+36.4%$230/sqft
    Source: Public Record Report a problem
    5/10/2005Sold$550,000+69.2%$169/sqft
    Source: Public Record Report a problem
    4/25/2003Sold$325,000$100/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,286 +27.3%$1,326,000 +29.5%
    2024$12,796 +1.9%$1,024,043 +2%
    2023$12,556 +4.8%$1,003,964 +2%
    2022$11,983 +1.3%$984,279 +2%
    2021$11,824 -1%$964,980 +1%
    2020$11,942 $955,086 +2%
    2019$11,942 +5.2%$936,360 +2%
    2018$11,354 $918,000 +129.9%
    2017$11,354 +121%$399,279 +2%
    2016$5,138 +2.9%$391,451 +1.5%
    2015$4,991 +0.7%$385,572 +2%
    2014$4,958 $378,020 +2.5%
    2012-- $368,935 +2%
    2011-- $361,702 +0.8%
    2010-- $359,000 -54%
    2009-- $780,300 +2%
    2008-- $765,000 +2%
    2007-- $750,000 +33.7%
    2006-- $561,000 +62.9%
    2005-- $344,441 +4%
    2004-- $331,067
    Find assessor info on the county website

    Neighborhood: Mid City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,291,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,291,600