Los Angeles, CA 90038,1254 N Orange DR
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Los Angeles, CA 90038,1254 N Orange DR
Los Angeles, CA 90038,1254 N Orange DR
Los Angeles, CA 90038,1254 N Orange DR
Los Angeles, CA 90038,1254 N Orange DR

$2,450,000

Est. payment /mo

$2,300,000

6.5%
Est.Price: ?

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1254 N Orange DR Los Angeles, CA 90038

11 Beds

10 Baths

6,533 SqFt

SOLD DATE : 09/30/2025

Key Details

Sold Price $2,450,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 6,533 sqft

Price per Sqft $375

MLS Listing ID 25566669

Sold Date 09/30/25

Bedrooms 11

HOA Y/N No

Year Built 1957

Lot Size 0.264 Acres

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 C20 - Hollywood

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal, Vented Exhaust Fan

Exterior

Parking Features Assigned

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5532008026

Special Listing Condition Standard

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CRMLS – RECore
Listed by Nicholas Hayner Maywood Property Group
Bought with Nicholas Hayner Maywood Property Group
Patricia Beattie

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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