Address
1315 N Orange Drive Los Angeles, CA
Price
$ 2,750,000
Property Attributes
  • MLS#20651730
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90028
  • Style
  • Price$ 2,750,000
  • Bedrooms10
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage5270
  • Lot Size8,090 SqFt
Listing Provided Courtesy Of:
Sean Rosenzweig with Marcus & Millichap.
Data Source:
CRMLS
Property Description

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.

Price History
10/26/2020 Listed $2,850,000
3/26/2021 4% - $2,750,000

General Features

Heating Wall Furnace
Listing Agent Sean Rosenzweig - BRE#01406343
Listing Agent State License 01406343
MLS Area C20 - Hollywood
Parking Features None
Property Type Residential Income
Special Listing Conditions Standard
Status Active
Total Units 8
Zoning LARD1.5

Interior Features

Heating Y/N Yes

Exterior Features

Lot Size Acres 0.18
Lot Size Area 8090
Lot Size Source Assessor
Lot Size Square Feet 8090
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90028

Price
AVG $4.1M
$2.75M
Visits
AVG 100
182
Year Built
AVG 1943
1949
Walkscore
AVG 92
96
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover