1259 S Orange Drive, Los Angeles, California 90019, Los Angeles, 90019 - 0 bed, 0 bath
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Los Angeles, California 90019
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned slightly above the $1,068,246 Fair Market Value. While the property carries a Condition Rating of 5 due to its REAP status, the LAR2 Zoning on a 6,602 sqft lot provides significant redevelopment upside for multifamily expansion. The inclusion of a patio and the delivery of one unit vacant offer immediate flexibility for renovation. This is a specialized acquisition ideal for Buy-and-Hold Investors or Experienced Developers capable of navigating complex remediation and zoning incentives.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1259 S Orange Drive Subject | $1,100,000* List Price | 0 | 0 | 2,867 | $373 | - |
A 5767 W San Vicente Boulevard Sold | $1,205,260 | 0 | 0 | 2,868 | $420 | 0.7 mi |
B 1750 S Mansfield Avenue S Sold | $915,000 | 4 | 4 | 3,282 | $279 | 0.6 mi |
C 1428 Ellsmere Avenue Sold | $1,051,000 | 0 | 0 | 2,272 | $463 | 0.9 mi |
D 1353 S Redondo Pending | $900,000 List Price | 0 | 0 | 3,166 | $284 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is currently in the City of Los Angeles REAP program, which indicates significant health, safety, or habitability violations. The 'Cash Offers Only' requirement and marketing as a 'Development Opportunity' confirm that the systems and interior are likely in disrepair and require a total rehab.
The LAR2 zoning on a generous 6,602 sqft lot offers significant redevelopment opportunities, including multifamily units, ADUs, or density bonus incentives in a high-demand market.
Ideally situated in the sought-after Wilshire Vista neighborhood, the property provides exceptional proximity to Miracle Mile, Beverly Grove, and major Los Angeles employment centers.
As a duplex with one unit delivered vacant, the property allows for immediate owner-occupancy or market-rate rental income while maintaining existing cash flow from the second unit.
The property is currently subject to the City of Los Angeles REAP program, indicating significant unresolved code violations or habitability issues that require professional remediation.
The 'Cash Offers Only' requirement significantly limits the potential buyer pool and confirms that the property's current condition or legal status prevents traditional mortgage financing.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,867 | 2,250 |
| Lot Size | 6,602 | 5,864 |
| Price | $1.10M | $826.7K |
| Price per sq ft | $384 | $395 |
| Built year | 1928 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jun 24, 2026
$1,100,000
Initial Listing