No Photos
Image 1 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 2 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 3 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 4 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 5 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 6 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 7 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 8 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Image 9 - 920 Orme Avenue, Los Angeles, CA 90023, USA - House for sale
Home For Sale In Los Angeles, California
920 Orme Avenue, Los Angeles, CA 90023, USA

Home For Sale In Los Angeles, California

house for sale
Listed: 05/27/24

920 Orme Avenue, Los Angeles, CA 90023, USA

10 Bed:
10 Bath:
5,090 Sq Ft Living Area:
Save
Price
$ 1,2M

About This House

914 Orme is a 10-unit residential income community in Boyle Heights, Los Angeles with a total of 9 separate structures measuring5, 090sf of living space on a11, 749sf lot. Comprised of 8 individual Spanish Style Bungalows + 1 Duplex and a central courtyard, this mini compound may have the potential for a TIC conversion delivering significant returns. Each unit has 1 bed 1 bath, its own laundry room, storage and individual electric and gas meters. Five units have small outdoor patios with DTLA views-a tenant's dream. Two units will be deliveredVACANT.At$120, 000per unit, the offering provides savvy investors a unique opportunity to purchase a premium asset with strong (+/-72%) projected upside in market rents and value-add potential. In one of …  Full description

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$1,13M

10
5
4,902 Sq Ft

$1,13M

Available: Right Now

Listed: 09/06/2024

513 South Chicago Street, Los Angeles, CA 90033, USA

House
10
5
4,902 Sq Ft

We are pleased to offer for sale this five (5) unit multifamily investment opportunity located at505 S.Chicago Street, in Boyle Heights. This two-story building, consisting of two separate structures, was constructed of wood frame and stucco on a rai...

$1,3M

10
5
6,022 Sq Ft

$1,3M

Available: Right Now

Listed: 09/06/2024

2046 Pennsylvania Avenue, Los Angeles, CA 90033, USA

House
10
5
6,022 Sq Ft

An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 5- unit 2 bedrooms 1 bath each. With 4 parking spaces with washer and dryer hook ups each unit is 1200 of living space. Easy accesses t...

$1,14M

10
7
7,499 Sq Ft

$1,14M

Available: Right Now

Listed: 11/06/2024

1825 Workman Street, Los Angeles, CA 90031, USA

House
10
7
7,499 Sq Ft

Great investment opportunity ! Property with a lot of potential. Rental income will pay itself off. First time on market since 40 years ago. This income property is located at less than a mile from LAC+USC Medical Center and only 10 minutes fo...

$1,15M

10
4
3,978 Sq Ft

$1,15M

Available: Right Now

Listed: 17/06/2024

625 E 49th St, Los Angeles, California, 90011

House
10
4
3,978 Sq Ft

An investment property is suitable for the owner to live in and manage. This is an excellent opportunity to own a 4-unit property. Gross rental income of $8403 per month is equipped with 10 bedrooms and 4 bathrooms. Potential ADU more income. Enough ...

$1,3M

Available: Right Now

Listed: 11/06/2024

1888 East 71st Street, Firestone Park, Florence-Firestone, CA 90001, USA

House
10
6
2,300 Sq Ft

1850 E.71st St is a 5-unit value-add property offered at a 6.45% CAP and10.09 GRMon current rents. The property consists of (1) 3-bdrm. and 2-bath unit, (3) 2-bdrm. units and (1) 1-bdrm. unit that generate approx. $10, 737in monthly gross income. 185...

$1,25M

10
9
4,356 Sq Ft

$1,25M

Available: Right Now

Listed: 11/06/2024

560 West 49th Street, Los Angeles, CA 90037, USA

House
10
9
4,356 Sq Ft

We are pleased to present a two (2) property portfolio totaling nineteen (19) units located at 540 and 533 West 49th Street in Los Angeles, California. The subject property is positioned in a solid South Los Angeles location, south of W Vermont Avenu...

Boyle Heights Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.