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2824 S Orange Dr, Los Angeles, CA 90016

Sale Price: $850,000
Sep 3, 2024892 sqft3 beds1 baths
Listed by: Anthony Acevedo
License #: 02117084
Phone #: 323-835-5169
EXP Realty of California
Source:
CRMLS Logo
MLS #: DW24182933

Property Description

Welcome to your new oasis in the heart of Los Angeles! This VACANT charming 3-bedroom, 1-bathroom home with a 1-car garage and an inviting recreational room offers a blend of comfort and opportunity in a prime location. Nestled within the city, this property is zoned LARD1.5, presenting a unique chance for the discerning homeowner to tap into the potential of Los Angeles real estate. Home Highlights: Welcoming Living Spaces: Step inside to find a cozy, light-filled living room that seamlessly transitions into a dining area, perfect for gatherings and creating memories. Comfortable Bedrooms: Three well-appointed bedrooms offer privacy and tranquility, each with ample closet space and natural light, providing a peaceful retreat from the bustling city. Functional Kitchen: The kitchen is equipped with essential appliances, plenty of counter space, and storage, making meal preparation a breeze. Entertainment Ready: A dedicated recreational room adds a versatile space to the home, ideal for a home theater, game room, or an extra lounge area to relax and enjoy. Outdoor Living: Though the heart of the city, this home boasts a private outdoor area that can be transformed into your personal haven or an entertainer’s delight. 1-Car Garage: The convenience of a private garage cannot be overstated, providing secure parking and additional storage solutions. Location Perks: Situated in a desirable Los Angeles neighborhood, this home is surrounded by vibrant culture, dining, shopping, and entertainment options. Excellent access to major freeways and public transportation makes commuting and exploring the city effortless. Proximity to renowned Los Angeles schools, parks, and recreational facilities. Investment Opportunity: The LARD1.5 zoning opens the door to potential development opportunities, allowing for the construction of additional units subject to city regulations. This presents a fantastic chance for investors or homeowners looking to expand their footprint in one of Los Angeles's sought-after areas. This home is not just a place to live but an opportunity to grow, invest, and create the lifestyle you've been dreaming of in Los Angeles. Don’t miss out on making this versatile property your own. Contact us today to schedule a viewing and take the first step toward your future in this incredible city.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,012

TurboHome Estimated Value

$925,400

$1,037 sqft

High Valuation
$971,670
$1089/sqft
Normal Valuation
$925,400
$1037/sqft
Low Valuation
$879,130
$986/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1037/sqft$925,400

Neighborhood: West Adams

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Comparative Value

$850K

$919K

$997K

$1.10M

2824 S Orange Dr, Los Angeles, CA 90016

List Price: $849,999

Subject Property

2824 S Orange Dr, Los Angeles, CA 90016

Sale Price: $850,000

Selected Comparable

2619 S Mansfield Ave, Los Angeles, CA 90016

Sale Price: $850,000

Selected Comparable

5627 Homeside Ave, Los Angeles, CA 90016

Sale Price: $919,400

Selected Comparable

3444 S Sycamore Ave, Los Angeles, CA 90016

Sale Price: $997,000

Selected Comparable

3031 Virginia Rd, Los Angeles, CA 90016

Sale Price: $1,101,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2824 S Orange Dr, Los Angeles, CA 90016

2824 S Orange Dr, Los Angeles, CA 90016

List: $849,999

Listed: 9/3/2024

Area:892 sqft
Price/sqft:$953
Beds:3
Baths:1
Year Built:
Lot Size:4,810

Comparable Properties

COMPARABLE
Choose comps
2824 S Orange Dr, Los Angeles, CA 90016

2824 S Orange Dr, Los Angeles, CA 90016

Sale: $850,000

10/25/20240.00 mi

Area:892 sqft
Price/sqft:$953
Beds:3
Baths:1
Year Built:
Weight:26.0%
3031 Virginia Rd, Los Angeles, CA 90016

3031 Virginia Rd, Los Angeles, CA 90016

Sale: $1,101,000

8/13/20250.85 mi

Area:1,222 sqft
Price/sqft:$901
Beds:3
Baths:1
Year Built:
Weight:21.0%
5627 Homeside Ave, Los Angeles, CA 90016

5627 Homeside Ave, Los Angeles, CA 90016

Sale: $919,400

6/25/20250.73 mi

Area:997 sqft
Price/sqft:$922
Beds:2
Baths:1
Year Built:
Weight:19.5%
3444 S Sycamore Ave, Los Angeles, CA 90016

3444 S Sycamore Ave, Los Angeles, CA 90016

Sale: $997,000

6/26/20250.33 mi

Area:1,134 sqft
Price/sqft:$879
Beds:2
Baths:1
Year Built:
Weight:17.6%
2619 S Mansfield Ave, Los Angeles, CA 90016

2619 S Mansfield Ave, Los Angeles, CA 90016

Sale: $850,000

12/31/20240.26 mi

Area:1,158 sqft
Price/sqft:$734
Beds:2
Baths:1
Year Built:
Weight:16.0%

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