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34279417
34279487

1032 S ORANGE DR, LOS ANGELES, CA 90019 For Sale

JP
CA CA 02041641
Remax Commercial and Investment
Listed by Remax Commercial and Investment
$2,150,000
9 days on market
Updated 9 days ago

Fully Renovated 1920's Tudor Style 4-unit

Details
APN 5084-011-026
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 5,136
Units 4
Occupancy 100%
Price per SqFt $419
Year Built 1928
Buildings 1
Stories 2
Lot Size (SqFt) 6,555
Zoning LARD1.5
Investment Type Owner/User
Ground Lease No

About This Property for Sale

Marketing description

Jake Plewa of Remax Commercial is pleased to present 1032 S Orange Drive in one of Los Angeles' most coveted central locations. This meticulously restored 1920s Tudor-style 4 unit 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 with room for ADU's.

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 as rents normalize to market.

Investment highlights

  • Steps from newly operational LA Metro D-Line Station serving Beverly Hills to Downtown LA

  • Significant Rental Upside

  • 1920's Character & Renovations in Prime Miracle Mile submarket

Listing Contacts

JP
CA CA 02041641
Remax Commercial and Investment
Listed by Remax Commercial and Investment

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Additional Information

Name
Jake Plewa
License
CA 02041641
Brokerage Phone
3109226124
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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