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8703 Orchard AVE Los Angeles, CA 90044
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Key Details
Sold Price $716,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,682 sqft
Price per Sqft $266
MLS Listing ID 25549725
Bedrooms 5
Year Built 1921
Lot Size 6,006 Sqft
Property Description
ACCEPTING BACKUP OFFERS AS OF 9.25.2025. Incredible opportunity to own a 5-unit multifamily property in the heart of Los Angeles! This unique setup includes a single-family residence and a quadruplex, with each unit featuring 1 bedroom and 1 bathroom ideal for strong and consistent rental income. 3 units (possibly 4 units) will be delivered vacant at closing, offering immediate owner-occupancy or premium rental potential. The remaining 2 units are month-to-month, however, you will be pleased to know 1 of the remaining 2 tenants has signed a LAHD disclosure and buyout agreement, potentially offering 4 vacant units by close of escrow. Recent capital improvements include a brand new roof, ensuring minimal near-term maintenance and long-term durability. Plenty of on-street parking and located in an area with strong rental demand. Perfect for both investors looking to expand their portfolio and first-time buyers entering the multifamily space.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Concrete
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Donnie Muldrow East West Estates
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