2938 South Orange Drive Los Angeles, CA $ 2,495,000
2938 South Orange Drive
$ 2,495,000
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2938 South Orange Drive

Los Angeles, CA, 90016
$ 2,495,000
Baths0.0 Sq 2,173

Monthly Estimate*

$ 16,583

2938 South Orange Drive, Los Angeles, CA 90016 - Image 1
2938 South Orange Drive, Los Angeles, CA 90016 - Image 2
2938 South Orange Drive, Los Angeles, CA 90016 - Image 3
Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,495,000. This 2,173 square foot home was built in 1930 on a lot size of 0.14.

We are proud to present a 12,000 square foot R3-1 Tier 3 TOC Opportunity Zone development site (2938 & 2942 S Orange Dr) located adjacent to a larger 39,902 square foot C1.5-1/R3-1 parcel that is also available for sale. In total, there is 51,902 SF of C1.5-1/ R3-1 zoned land available for sale in a contiguous assemblage in one of the hottest real estate markets in Los Angeles, West Adams. Located along the Northwest corner of Jefferson Blvd and La Brea Ave, the property is approximately 500ft away from the Exposition/La Brea Ave Metro Rail Line that provides easy access to Santa Monica, DTLA, Crenshaw, and LAX! With its proximity to public transportation, the site is zoned for Tier 3 TOC, providing developers a 70% density bonus and additional incentives for a new construction multi-family development. If you are unfamiliar with the West Adams neighborhood, nearby developments and tenants include the 1,200-unit Cumulus Development, the Apple Campus, Nike, Amazon Studios, Sony, and the +/-500,000 SF Ivy Station development. There continues to be strong development and leasing activity throughout the community with numerous sites in planning or development. If you're seeking a trendy up-and-coming neighborhood with ease of access to transportation, this is it.

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Multi-Family Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024355364

Features
General
Zoning LAR3
Year Built 1930
Levels One
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6001.0
Street Name Orange
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Driveway
Lot Size Area 6001.0
Building Area Total 2173.0
Lot Size Acres 0.14
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 1
Street Suffix Drive
Total Baths 0
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* Excluded Features
List By
Casey Lins

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$16,583
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,583
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$2,495,000 Listed Price

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2938 South Orange Drive, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $2,495,000 with 2,173 sqft and a lot size of 0.14. 2938 South Orange Drive is a studio with 0.0 baths and was built in 1930. The property's zip code is 90016 which is in Los Angeles, CA