CA > Los Angeles
Los Angeles, CA 90038,1254 N Orange Dr
Los Angeles, CA 90038,1254 N Orange Dr
Los Angeles, CA 90038,1254 N Orange Dr
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$2,300,000
Est. payment /mo
11 Beds
10 Baths
6,533 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,533 sqft

Price per Sqft $352

MLS Listing ID 25566669

Bedrooms 11

Year Built 1957

Lot Size 0.264 Acres

Acres 0.2645

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Wall/Window

Equipment Ceiling Fan, Garbage Disposal, Built-Ins, Cable, Vented Exhaust Fan

Exterior

Parking Features Assigned

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Maywood Property Group

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Kirshner Elkin Properties

+1(424) 214-0133

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