542 N Orange Drive

    Los Angeles (City), CA 90036
    • $1,800,000
    • STATUS: Active Under Contract
    • ON SITE: 167 days
    • ID#: 18360196
    Under Contract
    UPDATED: 45 min ago
    $1,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,815
      SQFT
    • $472
      $/SQFT
    Type:
    Multi-Family
    Built:
    1931
    County:

    School Ratings & Info

    Description

    Situated in the center of Los Angeles' exciting urban landscape lies the historic neighborhood of Hancock Park. Recognized as one of Los Angeles' most affluent and recognizable neighborhoods, Hancock Park is home to many of the regions most expensive homes and a roster of high-profile residents.THG Advisors, as exclusive listing agent, is pleased to present the opportunity to purchase 542 N. Orange Drive, a triplex situated on a 6,000 SF parcel of land zoned RD1.5 in Hancock Park. The asset possesses unique architectural features and most units include working fireplaces and private patios which provide the feel of separate individual homes. The Property offers a rare opportunity to acquire a vacant triplex in one of Los Angeles' most desirable neighborhoods. Upon closing escrow, an investor has the flexibility to either began an extensive value-add program by blending the gorgeous Spanish-style design with modern finishes or developing the property into four small lot homes.

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    Based on information from CARETS as of 2018-12-14T23:48:01.463. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/85196496

    542 N Orange Drive Los Angeles (City), CA 90036

    • Price: $1,800,000
    • Status: Active Under Contract
    • Updated: 45 min ago
    • ID#: 18360196
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,815
    SQFT
    $472
    $/SQFT
    1931
    Built
    Neighborhood:
    Hancock Park-Wilshire (C18)
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire (C18)
    Property Description
    Situated in the center of Los Angeles' exciting urban landscape lies the historic neighborhood of Hancock Park. Recognized as one of Los Angeles' most affluent and recognizable neighborhoods, Hancock Park is home to many of the regions most expensive homes and a roster of high-profile residents.THG Advisors, as exclusive listing agent, is pleased to present the opportunity to purchase 542 N. Orange Drive, a triplex situated on a 6,000 SF parcel of land zoned RD1.5 in Hancock Park. The asset possesses unique architectural features and most units include working fireplaces and private patios which provide the feel of separate individual homes. The Property offers a rare opportunity to acquire a vacant triplex in one of Los Angeles' most desirable neighborhoods. Upon closing escrow, an investor has the flexibility to either began an extensive value-add program by blending the gorgeous Spanish-style design with modern finishes or developing the property into four small lot homes.
    Exterior Features

    Parking Features Driveway Parking Spaces Total 4

    Interior Features

    Appliances None Cooling Type Wall Or Window Units Heating Type None Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.25 Unit Number Of Bath03 1.75 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 2

    Property Features

    Adjusted Gross Income 0.00 Assessed Improvement Value 338763.00 Assessed Land Value 222730.00 Country United States Of America Expense Total Annual 0.00 Gross Operating Income 0.00 Gross Rent Multiplier 0.00 Hoa YN N Land Lease Type Fee Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 0.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 0.00 Unit Monthly Rent02 0.00 Unit Monthly Rent03 0.00 Unit Projected Total Monthly Rent01 0.00 Unit Projected Total Monthly Rent02 0.00 Unit Projected Total Monthly Rent03 0.00 Unit Total Monthly Rent01 0.00 Unit Total Monthly Rent02 0.00 Unit Total Monthly Rent03 0.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Units Total In Complex 3 Zoning Lard1.5

    Listing provided courtesy of Gregory Harris DRE#01314364 of The Harris Group.


    Based on information from CARETS as of 2018-12-14T23:48:01.463. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    RE/MAX of Santa Clarita
    25101 The Old Road
    Santa Clarita CA, 91381