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2938 S Orange Dr 3 Unit Apartment Building $2,233,471 CAD ($744,490 CAD/Unit) Los Angeles, CA 90016
INVESTMENT HIGHLIGHTS
- Triplex in West Adams
- Located in a Federal qualified opportunity zone
- Walkscore of 83 (Very Walkable)
- 6,000 SF Lot Zoned R3 (TOC3)
- One of the most dynamic neighborhoods in LA
- Part of an assemblage of multiple properties also for sale
EXECUTIVE SUMMARY
Prime West Adams Triplex with Development Upside
Unlock the potential of this West Adams triplex, ideally situated on a 6,000 SF R3-zoned lot (TOC Tier 3) in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Located in a Federal Qualified Opportunity Zone, this property offers significant tax advantages for investors and developers alike.
With a Walk Score of 83, residents enjoy easy access to local shops, restaurants, and transit options, making this a highly desirable rental or redevelopment opportunity. The site is also part of a larger assemblage of multiple properties available for sale, presenting a rare chance to acquire a strategic footprint in a dynamic growth corridor.
Whether you're looking to generate steady rental income or explore the value-add potential through redevelopment, this West Adams gem is not to be missed.
Unlock the potential of this West Adams triplex, ideally situated on a 6,000 SF R3-zoned lot (TOC Tier 3) in one of Los Angeles' most vibrant and rapidly evolving neighborhoods. Located in a Federal Qualified Opportunity Zone, this property offers significant tax advantages for investors and developers alike.
With a Walk Score of 83, residents enjoy easy access to local shops, restaurants, and transit options, making this a highly desirable rental or redevelopment opportunity. The site is also part of a larger assemblage of multiple properties available for sale, presenting a rare chance to acquire a strategic footprint in a dynamic growth corridor.
Whether you're looking to generate steady rental income or explore the value-add potential through redevelopment, this West Adams gem is not to be missed.
PROPERTY FACTS
| Price | $2,233,471 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $744,490 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Sale Condition | 1031 Exchange | Building Size | 2,173 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1930 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAR3 - Multifamily Residential Development | ||
| Price | $2,233,471 CAD |
| Price Per Unit | $744,490 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,173 SF |
| No. Stories | 1 |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multifamily Residential Development |
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (80)
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2938 S Orange Dr
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