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Off Market

1201 N Orange Dr

Los Angeles CA 90038

2000 sq. ft.
5347 sq. ft.
Other
Last sold for $1,620,000
Scott SegallScott Segall, last sold this property on 04 December 2017 after -2353 days on market.

Overview

Income Producing. Over 160k in 2016. Opportunity to by a turnkey income generating property in a booming neighborhood. Currently used as a vacation rental where each unit gets 250 dollars per night and generated a total of $166,000. Fully remodeled and beautifully done duplex. Each unit has 2 bedrooms and 2 bathrooms, laundry, two parking spaces (one garaged and one in gated driveway). Property can be delivered vacant or the buyer can continue the vacation rental business. This really is a great opportunity to have an income property that actually generates a nice return. Showings will need to be scheduled in advance and are by appointment only, because property is booked frequently.

Features

2000 sq. ft. floor area
5347 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1201 N Orange Dr is $1.81m.

Median value
$1.81m
Estimated value range
$750k - $9m
Median days on market
57
Estimated value trend
26%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1201 N Orange Dr

2021
Rented
Undisclosed
22 Sep 2021 by Douglas Elliman - Newport Beach
2017
Sold
$1,620,000
04 Dec 2017 by Scott Segall, of Douglas Elliman
2016
Sold
$1,500,000
22 Jan 2016 by Aaron Mark Johnson, of Meridian Capital Real Estate

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for other properties in Los Angeles

In the last 12 months, 19 other properties similar to 1201 N Orange Dr, have been sold.

This represents a 35% increase in other properties sales when compared to the previous 12 months.

Nearby agents

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STEPHEN SHIU

STEPHEN SHIU is a recommended agent for Los Angeles.  They have 1 local sale across the last 12 months.

  •   5   (10 reviews)
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