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.**
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
Owner options
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$3,639/mo
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$3,639/mo
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$8,323/mo
Est. payment
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$8,323/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 1/17/2024 | Sold | $1,300,000-3.3%$400/sqft |
Source: Public Record Report a problem | ||
| 12/8/2023 | Contingent | $1,345,000$413/sqft |
Source: | ||
| 10/9/2023 | Listed for sale | $1,345,000+49.4%$413/sqft |
Source: | ||
| 3/21/2017 | Sold | $900,000+6%$277/sqft |
Source: | ||
| 1/20/2017 | Pending sale | $849,000$261/sqft |
Source: Keller Williams - Santa Monica #17193030 Report a problem | ||
| 1/13/2017 | Listed for sale | $849,000+136.5%$261/sqft |
Source: Keller Williams-Santa Monica #17193030 Report a problem | ||
| 10/27/2009 | Sold | $359,000-5.3%$110/sqft |
Source: Public Record Report a problem | ||
| 8/1/2009 | Price change | $379,000-5%$116/sqft |
Source: Litespeed Mortgage Corporation #P691918 Report a problem | ||
| 6/20/2009 | Listed for sale | $399,000-46.8%$123/sqft |
Source: Litespeed Mortgage Corporation #P691918 Report a problem | ||
| 8/8/2006 | Sold | $750,000+36.4%$230/sqft |
Source: Public Record Report a problem | ||
| 5/10/2005 | Sold | $550,000+69.2%$169/sqft |
Source: Public Record Report a problem | ||
| 4/25/2003 | Sold | $325,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
- $767,8003 bd1 ba1k sqft2116 S Orange Dr #2, Los Angeles, CA 90016Off Market

- $--3 bd1 ba1.2k sqft2116 S Orange Dr #1, Los Angeles, CA 90016Off Market

- $1,115,7002 bd1 ba900 sqft2116 S Orange Dr #3, Los Angeles, CA 90016Off Market
- $1,140,6002 bd2 ba1.3k sqft2110 S Orange Dr, Los Angeles, CA 90016Off Market
- $69,8162 bd1 ba983 sqft2122 S Orange Dr, Los Angeles, CA 90016Off Market
- $--2 bd1 ba1.3k sqft2124 S Orange Dr, Los Angeles, CA 90016Off Market
- $705,800-- bd1 ba400 sqft2147 S Orange Dr, Los Angeles, CA 90016Off Market
- $1,059,2002 bd1 ba944 sqft2106 S Orange Dr, Los Angeles, CA 90016Off Market
Nearby schools
GreatSchools rating
- 5/10Cienega Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 1.1 mi
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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
- California
- Los Angeles County
- Los Angeles
- 90016
- Mid City
- 2116 S Orange Dr