1315 North Orange Drive
1315 North Orange Drive
$2,615,000
10
8
5,270
5,270
$496
Sold 10/28/21
Description
I am pleased to present the opportunity to acquire 1315 North Orange Drive, an eight-unit apartment community in prime Hollywood. The property offers investors a unique opportunity to acquire a renovated building with stable operating history and remaining rental upside. The property features on-site parking, on-site laundry, well manicured common area and is individually metered for electric and gas. The meticulously maintained property built in 1949 consists of six one-bedroom/one-bathroom units...I am pleased to present the opportunity to acquire 1315 North Orange Drive, an eight-unit apartment community in prime Hollywood. The property offers investors a unique opportunity to acquire a renovated building with stable operating history and remaining rental upside. The property features on-site parking, on-site laundry, well manicured common area and is individually metered for electric and gas. The meticulously maintained property built in 1949 consists of six one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. Its 8,090 square foot lot nestles on a residential street with ample street parking. It is also walking distance to the main intersection of La Brea Avenue and Sunset Boulevard providing convenient access to all the main attractions of both Hollywood and West Hollywood.
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 1315 North Orange Drive
Zoning
LARD1.5
Parcel Number5548023018
Total Units8.0
Living Area5270
Source Living AreaAssessor
AreaHollywood (C20)
Vacancy RateN/A
Lot Size Area8090
Location
LISTING UPDATED: 11/03/2021 07:32 AM
Property Details for 1315 North Orange Drive
Status | Sold |
---|---|
MLS # | 20-651730 |
Days on Market | 346 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1949 |
Lot Size | 0.19 AC / 8,090 SF |
County | Los Angeles County |
Location
Building Information for 1315 North Orange Drive
Stories2Residences-Year Built1949Building Size-Lot Size0.19 AC / 8,090 SF
Payment Calculator
$17,034 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1315 North Orange Drive
Property History for 1315 North Orange Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1315 North Orange Drive
Taxable ValueLand$2,133,840Additions$533,620Total$2,667,460
Tax Record2023$33,158 ($2,763 / month)
Home Facts
Total Finished SqFt5,270 SqFtAbove Grade Finished SqFt5,270 SqFtLot Size8,090 SqFtStyleMulti-Family Res (5+ Units)Year Built1949ZoningLARD1.5CountyLOS ANGELESAPN5548-023-018
Schools near 1315 North Orange Drive
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Larchmont Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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