Properties
Los Angeles, CA 90028 1769 N Orange Drive
$8,500,000
3 more
Presented By: Taylor Avakian with Lyon Stahl Investment Real Estate, Inc.;
Baths • 30
SQFT • 16,847
Home Details
1769 N Orange Dr | 30-Unit Studio Multifamily in the Hollywood Foothills. Built in 1949 on an expansive 18,905 SF LAR4-zoned lot with 16,847 SF of improvements, this well-located asset is comprised entirely of studio units and features 8 on-site parking spaces. The property is subject to rent control and offers a compelling value-add strategy through unit reconfiguration, operational optimization, and mark-to-market rent growth across the rent roll. This property can be purchased with the two adjacent buildings for a total of $26.1M. 1775 N Orange Dr and 7000 Franklin Ave.
Presented By: Taylor Avakian with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 1769 N Orange Drive
Bedrooms
Total Bedrooms
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths30
Other Interior Features
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories
General for 1769 N Orange Drive
AppliancesMicrowave
Cap Rate4.62
CityLos Angeles
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsOn the corner of N Orange Dr and Franklin Ave
Full Baths
Gross Income666889
HOANo
HeatingWall Furnace
LevelsMulti/Split
Living Area16847
Lot Size Square Feet18905
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
Net Operating Income393059
New ConstructionNo
Number Of Units Total30
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1949
ZoningLAR4
Exterior for 1769 N Orange Drive
Building Area Total16847
Lot Size Acres0.434
Lot Size Area18905
Number of Buildings1
Parking FeaturesDriveway
Total Parking8
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
