1259 S Orange Drive
Property Overview
Prime Mid-Wilshire/Wilshire Vista Development Opportunity! Located in one of Los Angeles' most desirable neighborhoods, this LAR2-zoned property offers exceptional investment and redevelopment potential. Existing zoning may accommodate multifamily development, ADUs, or future redevelopment opportunities (buyer to verify with the City of Los Angeles). LAR2 zoning may provide greater flexibility than SB 9, with potential opportunities for Density Bonus or other incentive programs, if applicable. Ideally situated in the sought-after Wilshire Vista/Mid-Wilshire neighborhood, adjacent to Miracle Mile and just minutes from Larchmont Village, Hancock Park, Beverly Grove, West Hollywood, and Koreatown. Enjoy convenient access to premier dining, shopping, entertainment, and major employment centers. Property is subject to the City of Los Angeles REAP Program. One unit is tenant-occupied and will transfer subject to the existing tenancy. The owner-occupied unit will be delivered vacant at the close of escrow. CASH OFFERS ONLY ! Buyer to independently verify zoning, development potential, allowable uses, REAP status, tenancy, and any applicable incentive programs with the City of Los Angeles.
Home Details
- Property type
- Residential Income - Duplex
- Year built
- 1928
- Lot size
- 6,602 sq ft
- Parking
- 3 spaces
- Garage
- 3 spaces
- Stories
- 2
- Days on market
- 6
- MLS status
- Active
Features & Amenities
Parking
- Door Multi
- Driveway
- Garage
Pool
- None
Lot
- Two To Five Units Acre
- Back Yard
- Front Yard
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- Unknown
Location & Neighborhood
Frequently Asked Questions About 1259 S Orange Drive
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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