I am pleased to present the opportunity to acquire 1315 North Orange Drive, an eight-unit apartment community in prime Hollywood. The property offers investors a unique opportunity to acquire a renovated building with stable operating history and remaining rental upside. The property features on-site parking, on-site laundry, well manicured common area and is individually metered for electric and gas. The meticulously maintained property built in 1949 consists of six one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Its 8,090 square foot lot nestles on a residential street with ample street parking. It is also walking distance to the main intersection of La Brea Avenue and Sunset Boulevard providing convenient access to all the main attractions of both Hollywood and West Hollywood.
Off market
$2,347,500
1315 N Orange Dr, Los Angeles, CA 90028
10beds
8baths
5,270sqft
MultiFamily
Built in 1949
-- sqft lot
$2,347,500 Zestimate®
$445/sqft
$5,293 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Heating
- Wall
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 5,270 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
Lot
- Size: 8,089 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1949
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- SourceLotSizeArea: Assessor
- Equipment: Other
- SourceLivingArea: Assessor
- Cooling: Window Unit(s)
- ListingArea: Hollywood
- Country: US
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
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Estimated market value
$2,347,500