1400 N Orange Dr, Los Angeles, CA 90028
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1400 N Orange Dr, Los Angeles, CA 90028
1400 N Orange Dr, Los Angeles, CA 90028
1400 N Orange Dr, Los Angeles, CA 90028
1400 N Orange Dr, Los Angeles, CA 90028
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$ 1,950,000
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1400 N Orange Dr Los Angeles, CA 90028

5 Beds

4 Baths

2,518 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,518 sqft

Price per Sqft $774

MLS Listing ID 26989951

Style Contemporary Mediterranean

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1921

Lot Size 5,485 Sqft

Acres 0.1259

Property Sub-Type Single Family Residence

Property Description

Live in one residence while renting out the other for additional monthly income. Beautifully renovated in 2022, this versatile property features a 3-bedroom, 3-bath main residence with an attached 2-bedroom, 1-bath ADU, presenting an exceptional opportunity for both owner-users and investors. The approximately 1,900 sq. ft. main residence offers high ceilings, abundant natural light, generously sized bedrooms, and a spacious, private and secure yard surrounded by mature trees. The primary suite is highlighted by its own private balcony with mountain views, while two additional bedrooms offer ample space and convenient access to separate bathrooms. Currently tenant-occupied on a month-to-month basis at $5,950 per month, the main residence can be delivered vacant, giving a new owner the flexibility to move in or continue generating rental income. The approximately 600 sq. ft. ADU offers a charming 2-bedroom, 1-bath layout and is currently leased for $2,350 per month, providing an immediate additional income stream. The ADU rent is below market value with potential for increase. Together, the two residences currently generate $8,300 per month, or $99,600 annually in gross rental income, creating a compelling opportunity to enjoy the property as a primary residence while offsetting ownership costs with rental income, or maintain both residences as income-producing assets. Additional amenities include a private garage exclusively serving the main residence, driveway parking for two vehicles with one space currently utilized by the ADU as well as ample street parking. The property underwent extensive improvements in 2022, including updated electrical, plumbing, drywall, windows, lighting, driveway, kitchens, bathrooms, and more. A rare opportunity to acquire a substantially renovated, dual-residence property offering exceptional flexibility and income potential. Move into the main residence and benefit from immediate ADU rental income, or take advantage of the property's existing income-producing configuration. A unique offering and a must-see for the area.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms Accessory Bldgs

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Vinyl Plank

Fireplaces Type Den

Equipment Alarm System, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Water Filter, Washer, Refrigerator

Laundry Laundry Closet Stacked, Outside

Exterior

Parking Features Driveway, Private Garage

Garage Spaces 3.0

Fence Wrought Iron

Pool None

View Y/N Yes

View Mountains

Roof Type Rolled/Hot Mop

Building

Story 2

Foundation Raised

Architectural Style Contemporary Mediterranean

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by MGB Realty Group
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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1400 N Orange Dr