8719 Orchard Ave, Los Angeles, CA 90044
- $749,000
- 3
- BD
- 3
- BA
- 2,634
- SqFt
- List Price
- $749,000
- MLS#
- 26867757
- Year Built
- 1948
- Bedrooms
- 3
- Bathrooms
- 3
- Living Sq. Ft
- 2,634
- Lot Size
- 6,007
- Days on Market
- 5
- Property Type
- Multifamily
- Style
- Cottage
Property Description
Major Upside & Value-add investment opportunity; this property comes with approved plans and an issued building permit for a new approx 1,024-sqft, 3-bed, 2-bath ADU above the existing garage. The permit has been issued and fees paid, allowing the new owner to move forward with construction. The project requires no change to the existing parking, hardscape or landscaping. 8719 Orchard St. currently consists of 3 one-bedroom units, with one unit vacant at close and ready for an owner-user, new tenant or renovation. Once completed, the property will offer 4 total residential units and an opportunity to increase rental income and long-term value. Adu is also perfect for an owner user. A rare chance to acquire an existing triplex with a permitted expansion opportunity already in place. Property is being sold at a lower price than the seller paid.
Additional Information
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall Gas
- Cooling
- Ceiling Fan
- View
- None
- Exterior Construction
- Frame, Stucco
- Number of Cars in Garage
- Garage Is Detached, Garage - 3 Car, Driveway, On street, Assigned
- Garage Spaces Total
- 3
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Courtesy of Forward Real Estate, James Ward - CA DRE#00989094
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