17 days on rocket

2622 S Orange Dr, Los Angeles, CA, 90016

$1,595,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
5 Baths
3,764 SqFt
$424/SqFt
House
Schools Nearby

Location

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2622 S Orange Dr, Los Angeles$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCovered
Year Built1966
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #24385755
Lot Size0.11 Acres
StatusActive

About 2622 S Orange Dr

Just listed for Sale in West Adams! Become the proud owner of four spacious units. Imagine the potential! Occupy one unit and earn rental income from the remaining three - a savvy approach to optimizing your investment. The property offers the potential for increased rental revenue. Recently, three of the four units have been renovated, with one left vacant in immaculate condition. The unit mix is appealing, featuring one (3-bedroom, 2-bath) and three (2-bedroom, 1-bath) units. Ample onsite parking is provided. You may also consider transforming the parking spaces beneath the building into ADUs (Accessory Dwelling Units), which are becoming increasingly popular, particularly in areas like Mid City/West Adams. This property is also located in an Opportunity Zone - a prime investment opportunity not to be missed! One unit is vacant, which can benefit potential FHA buyers; investors can lease up the unit to market rents as well!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1966
  • Stories: 2
  • Living Area: 3,764 SqFt

Listing Office:

  • Office Name: Global Platinum Properties, Inc.
  • Office Phone: (424) 394-1030
  • Listing Agent: Armin Soleimani

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: Covered

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Cienega Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: From Adams Blvd., turn South onto Orange Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $424/SqFt

Tax Information:

  • Annual Amount: $10,886
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2622 S Orange Dr vs Los Angeles

17 DAYS ON ROCKET

-17 Days

$1,595,000

+$608.5K More

$424/SqFt

-$208 Less

KEY TAKEAWAY

This property is $608.5K more than the Median Sold Price and $208/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24385755

Listing Office:

  • Office Name: Global Platinum Properties, Inc.
  • Office Phone: (424) 394-1030
  • Listing Agent: Armin Soleimani

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2016Home Sold
$825,000
Nov 26, 2002Home Sold
$375,455
Nov 22, 2002Home Sold
$375,455
Nov 16, 1999Home Sold
$297,500
Apr 01, 1996Home Sold
$163,000
Mar 01, 1989Home Sold
$190,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,886$884,564
2020$10,566$875,495
2019$10,467$858,330
2018$10,245$841,500
2017$10,245$825,000

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2682637
3
/10

  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.03 miles

  • Public District Grades KG-5

school-card-donut-2682638
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.66 miles

  • Public Magnet Grades KG-6

school-card-donut-2682639
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.79 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2682640
3
/10

  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 1.68 miles

  • Public District Grades 6-8

school-card-donut-2682641
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.36 miles

  • Public District Grades 6-8

High School

school-card-donut-2682642
2
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.73 miles

  • Public Magnet Grades 9-12

school-card-donut-2682643
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.10 miles

  • Public Magnet Grades 9-12

school-card-donut-2682644
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.92 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,549. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2622 S Orange Dr

What is the listing price of this property?

The listing price of 2622 S Orange Dr property is $1,595,000.

What type of property is this?

The property 2622 S Orange Dr is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 2622 S Orange Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2622 S Orange Dr are:
Cienega Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Susan Miller Dorsey Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,886 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 2016 for $825,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2622 S Orange Dr has 9 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2622 S Orange Dr is 3,764 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2622 S Orange Dr is 1966.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›2622 S Orange Dr

This home is located at 2622 S Orange Dr in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 3,764 square foot home, which was built in 1966, sits on a 0.11 acre lot. Features: 9 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,595,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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