1301 N Orange Drive, Los Angeles, CA 90028

$1,095,000 Approx. USD 5 beds, 3 baths
2,623 sqft

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

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 4.96% with the ability to improve to a 5.60%CAP rate once units turnover.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25519729

List price is $1,095,000 Reduced by $80,000 on 4/24/2025

Price: $1,095,000

Beds: 5

Baths: 3

Built in 1922

2,623 sqft

0.13 acres

Lot size: 0.1318