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$ 2,150,000
Est. payment | /mo
2 Beds
5,136 SqFt
$ 2,150,000
Est. payment | /mo
2 Beds
5,136 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,136 sqft
Price per Sqft $418
MLS Listing ID CL26852715
Bedrooms 2
HOA Y/N No
Year Built 1928
Lot Size 6,564 Sqft
Acres 0.15
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Central
Fireplace No
Exterior
Total Parking Spaces 8
Building
New Construction No
Others
Tax ID 5084011026

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Listed by Jacob Plewa • REMAX COMMERCIAL & INVESTMENT REALTY
NEARBY SCHOOLS & PROPERTIES
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