$1,250,000

1418 Orchard Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated payment $7,910/month

Total Views 1,724
5 Beds
5 Baths
4,569 Sq Ft
$274 Price per Sq Ft

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Two Homes on a Lot
  • Dual Staircase
  • Corner Lot
  • Tile Flooring

About This Home

Excellent opportunity to own this 5 units investment property, 4 one bedroom one bath units in one building and a 3 bedrooms one bathroom on a separate structure, perfect for owner user, rent the 4 units and live in the 3 bedroom stand along house. This property its on a corner lot; Orchard Ave and 15th St. closed proximity to USC Campus, Exposition Park, California Science Center, the BMO stadium, etc. too many amenities to mention. This property is a great opportunity to add to your portfolio, perfect for developers looking to renovate and or rebuild. (check with the appropriate city entities)

Listing Agent

Mauricio Calderon

eXp Realty of Greater Los Angeles, Inc. Brokerage Phone: 888-652-1314 License #01312011 Listed on: 07/14/2025

eXp Realty of Greater Los Angeles, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 6,720 Sq Ft Lot
  • Two or More Common Walls
  • Southwest Facing Home
  • Wrought Iron Fence
  • Fence is in fair condition
  • Corner Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Apartment
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,569 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Kitchen

  • Gas and Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 24 / B
  • Tax Tract Number 24
  • Assessor Parcel Number 5056005024

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,798
  • Maintenance Expense $2,700
  • Water Sewer Expense $3,884
  • New Taxes Expense $4,556
  • Operating Expense $15,598
  • Gross Income $93,661
  • Net Operating Income $78,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Office
  • Other Phone Number: 818-476-7427
  • Price Per Unit: 250000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3884.00
  • Zoning: LAR3
  • Architectural Style: Contemporary, Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5056005024
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: Front Entrance
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 273.58
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Direction Faces: Southwest
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Parking Space
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas & Electric Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6720.00
  • Lot Size Acres: 0.1543

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Operating Income: 93661.00
  • Gross Scheduled Income: 93661.00
  • Insurance Expense: 3798.00
  • Lot Size Area: 6720.0000 Square Feet
  • Maintenance Expense: 2700.00
  • Net Operating Income: 78063.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 15598.00
  • Other Income1: 205.00
  • Other Income Description: Parking
  • Rent Control: Yes
  • Total Actual Rent: 93661.00
  • Total Expenses: 15598.00

Tax Info

  • New Taxes Expense: 4556.00
  • Tax Block: B
  • Tax Census Tract: 2211.10
  • Tax Lot: 24
  • Tax Tract Number: 24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,250,000 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25158339

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90006 Pico-Union

1418 Orchard Ave, Los Angeles, CA

This home is located at 1418 Orchard Ave, Los Angeles, CA 90006 and is currently priced at $1,250,000, approximately $273 per square foot. This property was built in 1903. 1418 Orchard Ave is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Mauricio Calderon
Listing Agent
Mauricio Calderon
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eXp Realty of Greater Los Angeles, Inc.
(323) 216-0665