620 N Orange Drive

Rare Developer Opportunity: three 5,400 square foot lots side by side, offered for sale at the same time. Zoned LARD 1.5. (Note that 2 of the 3 lots are listed by other brokers: MLS No. 18-336260 and MLS No. OC18074567MR.) According to preliminary analyses, it appears possible to build between 7 and 9 units on 2 adjacent parcels – and even more with the 3rd parcel. (Buyer to verify.) Alternately, this charming 1920’s duplex is perfect for the owner/user who wants to offset the mortgage with significant rental income and substantial upside potential, located in one of LA’s best rental markets. Melrose is half a block away, together with all the shops, art galleries and restaurants on Fairfax, LaBrea and Highland. Original finishes remain intact: hardwood floors throughout, hand-crafted wood windows & doors, true 3-coat plaster inside and out, antique brass fixtures, artisanal tile, and details that make homes of this era so desirable. An attractive investment for a variety of reasons.