1769 N Orange Dr Hollywood Hills East La
| Website: | https://www.nestseekers.com/5255575 |
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| Address: | 1769 N Orange Dr LOS ANGELES, CA 90028 |
| Ownership: | For Sale |
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| Bathrooms: | 30 |
| Area: | 18905 sq ft |
| Lot Size: | 0.4 Acres |
Financials
Price:$8,500,000
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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Lyon Stahl Investment Real Estate, Inc. | |