1032 S Orange Dr, Los Angeles, CA 90019
1032 S Orange Dr, Los Angeles, CA 90019
1032 S Orange Dr, Los Angeles, CA 90019
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John Matukas

John Matukas

+1(323) 377-4961
$2,150,000
Est. payment /mo
8 Beds
4 Baths
5,136 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,136 sqft

Price per Sqft $418

MLS Listing ID 26852715

Bedrooms 8

Year Built 1928

Lot Size 6,564 Sqft

Acres 0.1507

Property Sub-Type Multi-Family

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

Area Hancock Park-Wilshire

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Ceiling Fan, Dishwasher, Intercom, Microwave

Exterior

Parking Features Assigned

Garage Spaces 8.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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John Matukas

John Matukas

+1(323) 377-4961

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