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Sold for $2,450,000
  • $2,450,000

    1254 N Orange Dr, Los Angeles, CA 90038

    11beds
    10baths
    6,533sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $2,435,900 Zestimate®
    $375/sqft
    $2,860 Estimated rent

    Home value

    $2,435,900

    $2.22M - $2.68M

    $2,860/mo

    Zestimate® history
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    $2,860/mo

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    $15,568/mo

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    What's special

    Maywood Property Group is pleased to present a rare opportunity to acquire a well- maintained 8-unit multifamily asset in the heart of Hollywood, one of Los Angeles' most iconic and evolving submarkets.The property features a highly desirable unit mix: (2) 2-bedroom, 2-bath, (1) 2- bedroom, 1-bath, and (5) 1-bedroom, 1-bath apartments - catering to a wide range of renter demand in a dense, amenity-rich location.The building is well maintained, having recently undergone a $90,000+ copper repipe upgrade in 2025, ensuring long-term operational durability for the next investor. With current ownership holding rents below market, there is clear income upside through natural tenant turnover, strategic rent increases, and monetizinglaundry operations.Additionally, the landlord presently leases several on-site parking spaces to off-site users, generating an extra $750/month in ancillary income.Located in a prime, walkable pocket of Hollywood (Walk Score 94), this property offers both strong in-place cash flow and long-term development potential on its 11,517 SF LAR3-zoned lot. Whether as a stable income-producing asset or a land- banked future redevelopment site, this offering presents a compelling investment opportunity in one of LA's most dynamic rental markets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Hayner DRE # 02090908 310-994-9158,

    Maywood Property Group 310-650-9696,

    Jennifer Levine DRE # 01483070 310-200-5366,

    The Beverly Hills Estates

    Bought with:

    Nicholas Hayner, DRE # 02090908

    Maywood Property Group

    Source: CLAW,MLS#: 25566669MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 10
    Heating
    • Other
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Disposal, Vented Exhaust Fan
    Features
    • Ceiling Fan(s), Built-Ins
    Interior area
    • Total structure area: 6,533
    • Total interior livable area: 6,533 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Levels: Multi/Split
    Lot
    • Size: 0.26 Acres
    Details
    • Additional structures: Other
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1957

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $249,687
    • Date on market: 7/17/2025

    Price history

    DateEventPrice
    9/30/2025Sold$2,450,000+6.5%$375/sqft
    Source: CLAW #25566669 Report a problem
    9/8/2025Pending sale$2,300,000$352/sqft
    Source: CLAW #25566669 Report a problem
    7/17/2025Listed for sale$2,300,000$352/sqft
    Source: CLAW #25566669 Report a problem
    7/11/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/20/2022Listed for rent$1,875+10.3%
    Source: Zillow Rental Manager Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/27/2018Listing removed$1,700
    Source: Owner Report a problem
    3/30/2018Listed for rent$1,700-26.1%
    Source: Owner Report a problem
    2/19/2018Listing removed$2,300
    Source: Owner Report a problem
    1/23/2018Listed for rent$2,300
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,435,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,435,900