Listed by Taylor Avakian of Lyon Stahl Investment Real Estate, Inc. [email protected]
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1769 N Orange Dr | 30-Unit Studio Multifamily in the Hollywood Foothills. Built in 1949 on an expansive 18,905 SF LAR4-zoned lot with 16,847 SF of improvements, this well-located asset is comprised entirely of studio units and features 8 on-site parking spaces. The property is subject to rent control and offers a compelling value-add strategy through unit reconfiguration, operational optimization, and mark-to-market rent growth across the rent roll. This property can be purchased with the two adjacent buildings for a total of $26.1M. 1775 N Orange Dr and 7000 Franklin Ave.
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Listing Snapshot
Price
$8,500,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
16,847 sqft
Total Baths
30
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.434 Acres
Year Built
1949
MLS® Number
26644279
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
2 days ago
Listing updated with changes from the MLS®
3 days ago
Listing first seen on site
General Features
Acres
0.434
Levels
Multi/Split
Parking
Driveway
Parking Spaces
8
Special Circumstances
Standard
SqFt Total
16847
Zoning
LAR4
Interior Features
Appliances
Microwave
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace
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Community Features
MLS Area
C20 - Hollywood
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Neighborhood & Commute
Source: Walkscore
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