Maywood Property Group is pleased to present a rare opportunity to acquire a well- maintained 8-unit multifamily asset in the heart of Hollywood, one of Los Angeles' most iconic and evolving submarkets.The property features a highly desirable unit mix: (2) 2-bedroom, 2-bath, (1) 2- bedroom, 1-bath, and (5) 1-bedroom, 1-bath apartments - catering to a wide range of renter demand in a dense, amenity-rich location.The building is well maintained, having recently undergone a $90,000+ copper repipe upgrade in 2025, ensuring long-term operational durability for the next investor. With current ownership holding rents below market, there is clear income upside through natural tenant turnover, strategic rent increases, and monetizinglaundry operations.Additionally, the landlord presently leases several on-site parking spaces to off-site users, generating an extra $750/month in ancillary income.Located in a prime, walkable pocket of Hollywood (Walk Score 94), this property offers both strong in-place cash flow and long-term development potential on its 11,517 SF LAR3-zoned lot. Whether as a stable income-producing asset or a land- banked future redevelopment site, this offering presents a compelling investment opportunity in one of LA's most dynamic rental markets.
For sale
$2,300,000
1254 N Orange Dr, Los Angeles, CA 90038
11beds
10baths
6,533sqft
Est.:
Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$352/sqft
$-- HOA
What's special
- 28 days
- on Zillow |
- 199 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 05:06pm
Listed by:
Nicholas Hayner DRE # 02090908 310-994-9158,
Maywood Property Group 310-650-9696,
Jennifer Levine DRE # 01483070 310-200-5366,
The Beverly Hills Estates
Source: CLAW,MLS#: 25566669

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 10
Heating
- Other
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Disposal, Vented Exhaust Fan
Features
- Ceiling Fan(s), Built-Ins
Interior area
- Total structure area: 6,533
- Total interior livable area: 6,533 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: Multi/Split
Lot
- Size: 0.26 Acres
Details
- Additional structures: Other
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1957
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $249,687
- Date on market: 7/17/2025
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