8719 Orchard Avenue, Los Angeles, CA 90044
- $749,000
- 3
- BD
- 3
- BA
- 2,634
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- MLS#
- 26867757
- Year Built
- 1948
- Bedrooms
- 3
- Bathrooms
- 3
- Living Sq. Ft
- 2,634
- Lot Size
- 6,007
- Acres
- 0.14
- Days on Market
- 20
- Property Type
- Multifamily
- Short Sale
- Yes
- Style
- Cottage
- Stories
- One Level
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.
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Additional Information
- Appliances
- Disposal, Vented Exhaust Fan
- Pool Description
- None
- View
- None
- Exterior Construction
- Frame, Stucco
- Roof
- Shingle
- Garage Spaces Total
- 3
- Sewer
- Other
- School District
- Los Angeles Unified
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: James Ward (james@optimumteam.net) from Listing Office: Forward Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.