SoldJun 4, 2025

Listed by Michael Sterman from Marcus & Millichap

Bought with Grant Linscott from Keller Williams Realty Los Feliz

Source: Combined LA Westside Multiple Listing Service, Inc #25519729

1301 North Orange Drive, Los Angeles, CA, 90028

$1,046,000

5
3
1
2623 sq. ft.
5741 sq. ft.

Other

30+ days on the market

Sold: Jun 4, 2025

What's around 1301 North Orange Drive

About this property

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.

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