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1769 Orange Drive, Los Angeles, CA 90028
Priced at Only: $8,500,000
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Address: 1769 Orange Drive, Los Angeles, CA 90028
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1769 Orange Drive
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  • MLS#: 26644279 ( )
  • Street Address: 1769 Orange Drive
  • Viewed: 1
  • Price: $8,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90028
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: Taylor Taylor
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Appliances
  1. Microwave
Building Area Total
  1. 16847.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Multi/Split
Netoperatingincome
  1. 393059.00
Parcel Number
  1. 5548003015
Parking Features
  1. Driveway
Sourcesystemkey
  1. 26644279:CLAW
Totalexpenses
  1. 273829.00
Year Built
  1. 1949
Zoning
  1. LAR4
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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