1032 S Orange Dr
Property 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.
Broker Details
Estate Properties (310) 802-2285
MLS ID: C132252 State License Number: 02041641
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,150,000 |
| No. of Units: | 4 |
| Year Built: | 1928 |
| Lot Size: | 5,136.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $537,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-CLAWCA-26852715
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1029 S Normandie Ave
Los Angeles, California
1029 S Normandie Ave
Los Angeles, California
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout