EXIT Realty, A Smart Move!™
Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us

1254 N Orange Drive, Los Angeles, CA 90038

Share Listing

Listing Type
other
Listing Status
pending
11
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$2,300,000

Share Listing

Home Details for 1254 N Orange Drive
Price
$2,300,000
Type
other
Bedrooms
11
Total Bathrooms
10
Year Build
1957
Sq. Ft.
6533
Lot Size
0.2645
County
Los Angeles
MLS®️ Listing#
25566669
On exitrealty.com
154 days
Property Description
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.
Property Features
Listing Courtesy: Maywood Property Group - 310-650-9696. Presented by: Nicholas Hayner and Jennifer Levine
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:41:38 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Neighborhood Market Statistics

See average values in the proximity of this property

Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from California Regional MLS.
Neighborhood Homes

See several nearby properties

EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
Similar Nearby Homes for Sale

See properties nearby this listing

Similar Nearby Home Values

Compare the values ​​of homes nearby

$2,300,000

Share Listing

EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
Request more details
First Name
Last Name
Email
Phone Number
Options
Message (74/500)
By pressing Send, you agree that EXIT Realty offices or agents may contact you via phone/text/email about your inquiry. You also agree to our Terms of Use.