1903 North Orchid Avenue

1903 North Orchid Avenue

Los Angeles, CA 90068

$12,700,000
Price
18
Beds
13
Baths
10,573 Sq. Ft.
$1,201 / Sq. Ft.
10,573
Sq. Ft.
$1,201
per Sq. Ft.

Listed By Compass

Listed By Compass

an aerial view of residential houses with outdoor space
front view of a house
a plant that is in front of a building
a backyard of a house with lots of green space
a potted plant sitting in front of a house with a garden
a view of a patio with table and chairs potted plants
a backyard of a house with table and chairs
a view of outdoor space yard and patio
a front view of a house with garden
a living room with furniture and a flat screen tv
a living room with couches painting on the wall and a potted plant
a living room with furniture and a fireplace
a living room with furniture and a rug
a kitchen with stainless steel appliances granite countertop a refrigerator a sink dishwasher and a dining table with wooden floor
a kitchen with a sink and a window
a view of a dining room with furniture and wooden floor
a view of a patio with furniture and a potted plant
a living room with furniture and a wooden floor
a bed room with a bed and a window
a bathroom with a sink a toilet and shower
an aerial view of residential houses with outdoor space

Description

Welcome to Las Orquideas, a historic Andalusian garden village built in 1929 by Wilfred Buckland, and immaculately restored by Howell & Padgett in 2019, whose previous works include the iconic Torre del Moro condos in Beachwood Canyon. Las Orquideas perfectly retains that signature glamour of Hollywood's Golden Age while offering modern and luxurious amenities of a new construction property. Perched in the foothills of the Hollywood Hills, this compound has five villa-like structures consisting of...Welcome to Las Orquideas, a historic Andalusian garden village built in 1929 by Wilfred Buckland, and immaculately restored by Howell & Padgett in 2019, whose previous works include the iconic Torre del Moro condos in Beachwood Canyon. Las Orquideas perfectly retains that signature glamour of Hollywood's Golden Age while offering modern and luxurious amenities of a new construction property. Perched in the foothills of the Hollywood Hills, this compound has five villa-like structures consisting of nine units and a flex space. This whimsical complex was designed in the early days of Hollywood's Golden Era by Wilfred Buckland, Cecil B. DeMille's frequent art director. Buckland, the original owner, developed the property as a replica of a Spanish hill town with ascending walkways, connecting gardens, and intimate plazas. An abundance of lush mature landscaping lines the stone walkways. Each villa-like structure is covered in coral-colored stucco and features original architectural period details such as interior arches, beamed ceilings, fireplaces, wood floors, and stained glass. Lofty ceiling heights and oversized windows bring in much natural light. A remodel of each unit was completed several years ago with strict attention to retaining each unit's strict authentic integrity and character. Modern updates include custom cabinetry, stainless steel appliances, and an in-unit washer and dryer. Several units feature private patios or balconies overlooking Hollywood Blvd. and the city. Las Orquideas is a Mills Act property with a financial incentive for historic preservation, offering property tax savings for owners who invest in rehabilitating historic buildings. Las Orquideas is part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles.

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

    CallTextEmail
  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

    CallTextEmail
  3. Alyson Richards

    Alyson Richards

    Alternative Listing Agent

    Compass

    DRE #02106597

    CallTextEmail

Property Details for 1903 North Orchid Avenue

Zoning
LAR2
Style
Spanish
Cross Streets
Bonita Terrace & N. Orchid Ave.
Parcel Number
5549017018
Total Units
9.0
Living Area
10573
Source Living Area
Vendor Enhanced
Area
Sunset Strip - Hollywood Hills West (C03)

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251; Compass, Alyson Richards, DRE #02106597
Add your commute
LISTING UPDATED: 03/25/2024 01:00 PM

Property Details for 1903 North Orchid Avenue

StatusActive
MLS #24-357281
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.35 AC / 15,135 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251; Compass, Alyson Richards, DRE #02106597
Add your commute

Building Information for 1903 North Orchid Avenue

Stories2Residences-Year Built1929Building Size-Lot Size0.35 AC / 15,135 SF

Payment Calculator

$73,465 per month

30 year fixed, 7.25% Interest

Principal and Interest

$69,309

Property Taxes

$4,156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1903 North Orchid Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 5
  • Type Of Units: Duplexes
  • View: Yes
  • View Description: Hills, City
  • View: Hills, City Lights
  • Security Features: Card/Code Access, Gated
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $562,596
  • Net Operating Income: $452,667.00
  • Gross Income: $579,996
  • Gross Rent Multiplier: $21.90
  • Financial Info as Of: 02/12/2024
  • Vacancy Allow Percent: 2.50%
  • Total Annual Expense: 109929
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Size Square Feet: 15135
Parking Details
Parking Details
  • Parking Garage: Side By Side, Garage - 1 Car, Uncovered
  • Total Parking: 14
  • Parking Features: Side by Side, Garage - Single Door, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling Type: Other
  • Heating Type: Other
  • Flooring: Wood, Tile
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Freezer, Refrigerator, Garbage Disposal, Range/Oven, Hood Fan
  • Common Walls: Attached
  • Laundry: In Unit
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-12-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $6,240.00
  • Unit Actual Rent: $6,240.00
  • Unit Projected Rent: $6,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,136.00
  • Unit Actual Rent: $6,136.00
  • Unit Projected Rent: $6,795.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $6,130.00
  • Unit Actual Rent: $12,260.00
  • Unit Projected Rent: $12,390.00
  • Like Units: 2
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,162.00
  • Unit Actual Rent: $15,487.00
  • Unit Projected Rent: $16,500.00
  • Like Units: 3
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,105.00
  • Unit Actual Rent: $8,210.00
  • Unit Projected Rent: $8,790.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110

Property History for 1903 North Orchid Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1903 North Orchid Avenue

Taxable ValueLand$1,908,429Additions$1,452,343Total$3,360,772
Tax Record2023$49,874 ($4,156 / month)
Home Facts
Total Finished SqFt10,573 SqFtAbove Grade Finished SqFt10,573 SqFtLot Size15,131 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningLAR2CountyLOS ANGELESAPN5549-017-018

Schools near 1903 North Orchid Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Gardner Street Elementary School
Public - K to 5
Hubert Howe Bancroft Middle School
Public - 6 to 8
Hollywood Senior High School
Public - 9 to 12
Larchmont Charter School
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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More information about 1903 North Orchid Avenue, Los Angeles, CA 90068

1903 North Orchid Avenue is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on February 12, 2024 by Compass, it's currently listed at $12,700,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1903 North Orchid Avenue is a 18-bed, 13-bath, 10,573 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251; Compass, Alyson Richards, DRE #02106597

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.