See Home Value
$711,000 - $867,000
House - Off Market

2515 S Orange Drive

Los Angeles, CA 90016
bedrooms
3 Beds
bathrooms
1.5 Baths, 1 Half Bath
square feet
1198 Sqft
Sold Dec 06, 2021
$600,000
$491,250 by Cv3 Financial Services Llc
Mortgage Due Jan 01, 2025

About This Property

Welcome to your next dream home at 2515 S Orange Drive, Los Angeles-a newly remodeled and fully upgraded sanctuary that promises not just a house, but a place to truly call home. This charming two-story residence, featuring three cozy bedrooms and two modern bathrooms across 1,198 square feet of living space, is nestled on a 2,826 square foot lot, complete with a built-in 2-car garage.

It's more than a home; it's an opportunity, zoned R3, presenting a golden chance for builders amidst the excitement of new developments in the area. Perfectly positioned near the 10 freeway and Expo Line, and just minutes from USC and shopping centers, it offers unparalleled convenience. As Los Angeles prepares for the upcoming Olympics, the area anticipates high rental demand, making this home not only a peaceful retreat but also a wise investment. Welcome to a place where convenience meets potential, ready for you to call home.

The manager has listed the unit size as 1198 square feet.
Unit Size
1,198Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$659
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988

Price History

Date / Event Date Event Price
Apr 26, 2024 No longer available -
No longer available
Mar 24, 2024 In contract -
In contract
Mar 22, 2024 Price Decreased $789,000
↓ $10K (1.3%)
Price Decreased
Mar 1, 2024 Relisted $799,000
Relisted
Sep 8, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,826
  • Total Building Area: 1,198
  • Building Area: 1,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,198
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1566
  • Land Acres: 0.065
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=1566*(EX OF STS) LOT/SEC 137

Ownership

  • Current Owner : OASIS RE VENTURES LLC
  • Previous Owner : BAM PROPERTY GROUP LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219800

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-A5
  • Subdivision Tract Number: 1566
  • Parcel: 5049-009-067
  • Lot: 137
  • Municipality: WEST /ADAMS/CRENSHAW
  • Latitude: 34.0336
  • Longitude: -118.353

    Address

  • Full Address: 2515 S Orange Dr
  • Address - House Number: 2515
  • Street Direction: S
  • Address - Street Name: Orange
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 2701
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,177
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-401

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 713,826
  • High Value: 762,196
  • Low Value: 665,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $491,250
  • First Open Lien Mortgage Lender: CV3 FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2023
  • First Open Lien Mortgage Loan Amount: $491,250
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,000
  • Assessed Land Value: $489,600
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11871612590
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1802339



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
1,040 ft²
$864/ft²
$899,000 Feb 26, 2024
-
-
Multifamily
2 Beds
2 Baths
1,656 ft²
$498/ft²
$825,000 Dec 1, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 2515 South Orange Drive built and last sold?
The property at 2515 South Orange Drive was built in 1988 and last sold on Nov 19, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 2515 South Orange Drive is $704,718.
What are some comparable homes to 2515 South Orange Drive?
Homes that are comparable to 2515 South Orange Drive include a house property at 2541 Hillcrest Drive, a multifamily property at 2500 Lucerne Avenue, which are both great to check out.

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