1254 N Orange Drive

Los Angeles, CA 90038

  • 11 Bed(s)
  • 0 Bath(s)
  • 6,533 Sqft
  • 11520
    Sqft(Lot)
$2,300,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50447109

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Property Details

  • Bedroom Information

    • Total Bedrooms : 11

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Disposal,Vented Exhaust Fan

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

  • Building Information

    • Year Built: 1957
    • Building Area Total: 6,533

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2645
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 11520

  • Listing Price Information

    • Original List Price: 2,300,000
    • Listing Contract Date: 2025-07-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5532008026

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C20 - Hollywood
    • Directions: 5532-008-026
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C20 - Hollywood

    Building and Construction

    • Property Age: 68
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 6533
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 07/26/2025 @ 17:29

  • MLS: 25566669
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 11 bedrooms which is for sale, it has 6,533 sqft, 11,520 sized lot, and 0 parking. are nearby neighborhoods.