1032 S Orange Drive,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
Step into one of Los Angeles' most coveted central locations. This meticulously restored 1920s Tudor-style multifamily at 1032 S. Orange Drive offers rare charm, modern amenities, and compelling income fundamentals in the heart of Miracle Mile. Four spacious 2-bedroom, 1-bath units (1,250 SF each) feature thoughtful, high-quality renovations: granite and quartz countertops, custom cabinetry, premium stainless steel appliances, new flooring, updated plumbing and electrical, in-unit washer/dryers, and upgraded windows throughout. The building's iconic architectural character pitched roof, Tudor detailing, mature landscaping remains fully preserved on a 6,564 SF LARD1.5-zoned lot. Positioned steps from Wilshire Boulevard's cultural corridor (LACMA, Academy Museum, Petersen Automotive Museum) and vibrant street-level dining and retail, the property benefits from a Walk Score of 85 (Very Walkable) and sits within the catchment of the newly operational Wilshire/La Brea Metro D Line station, offering direct rail service to Westwood, Downtown, and beyond. Located minutes to Beverly Hills, Hollywood, and the 10 Freeway via major arterials, this rare offering represents a compelling opportunity to acquire a character-rich multifamily asset in one of Los Angeles' most sought-after central locations with immediate turnkey income and significant upside potential through ADU construction and as rents normalize to market.
Details
| MLS # | 26852715 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 75 |
| Listing Provided By | REMAX COMMERCIAL & INVESTMENT REALTY | Jacob Plewa |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 5,136 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.15 |
Interior
| Heating | Central |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Dishwasher, Microwave |
Parking
| Parking Features | Assigned |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C18 Hancock Park Wilshire |
| Listing VS Median (in 90019) | |
Price: $2,150,000 low | high Med: $1,725,000 sqft: 5,136 low | high Med: 3,586 $ / sqft: $419 low | high Med: $481 On site: 75 low | high Med: 71 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C18 Hancock Park Wilshire |
| Listing VS Median (in 90019) | |
Price: $2,150,000 low | high Med: $1,725,000 sqft: 5,136 low | high Med: 3,586 $ / sqft: $419 low | high Med: $481 On site: 75 low | high Med: 71 | |
