Los Angeles, CA 90028,1301 N Orange Dr
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Los Angeles, CA 90028,1301 N Orange Dr
Los Angeles, CA 90028,1301 N Orange Dr
Los Angeles, CA 90028,1301 N Orange Dr
Los Angeles, CA 90028,1301 N Orange Dr
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$ 1,175,000
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1301 N Orange Dr Los Angeles, CA 90028

5 Beds

3 Baths

2,623 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,623 sqft

Price per Sqft $447

MLS Listing ID 25519729

Bedrooms 5

Year Built 1922

Lot Size 5,741 Sqft

Acres 0.1318

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1301 N Orange Dr, a 3 unit apartment building located in the heart of Hollywood, a prime neighborhood of Los Angeles, CA. Built in 1922, the property consists of (1) one-bedroom + one-bathroom + den unit and (2) two-bedroom +one-bathroom units. The building is 2,623 gross square feet and sits on a 5,739 square foot lot.1301 N Orange Dr is located on a charming, tree-lined street in Hollywood. There is no shortage of activities to explore in the area. From popular hiking trails of Runyon Canyon and Griffith Park to seeing the Hollywood Walk of Fame. Hollywood's central location provides convenient access to major freeways, public transportation, and is only a 5-minute walk to the Hollywood Blvd Metro station further extending the area's connectivity to the rest of Los Angeles.1301 N Orange Dr represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.54% with the ability to improve to a 5.13%CAP rate once units turnover.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Garage

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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