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1254 N Orange Drive

Los Angeles, CA 90038

– beds
– baths
– sqft
11,520 sqft lot
1957 build
– on site

Maywood Property Group is pleased to present a rare opportunity to acquire a well- maintained 8-unit multifamily asset in the heart of Hollywood, one of Los Angeles' most iconic and evolving submarkets.The property features a highly desirable unit mix: (2) 2-bedroom, 2-bath, (1) 2- bedroom, 1-bath, and (5) 1-bedroom, 1-bath apartments - catering to a wide range of renter demand in a dense, amenity-rich location.The building is well maintained, having recently undergone a $90,000+ copper repipe upgrade in 2025, ensuring long-term operational durability for the next investor. With current ownership holding rents below market, there is clear income upside through natural tenant turnover, strategic rent increases, and monetizinglaundry operations.Additionally, the landlord presently leases several on-site parking spaces to off-site users, generating an extra $750/month in ancillary income.Located in a prime, walkable pocket of Hollywood (Walk Score 94), this property offers both strong in-place cash flow and long-term development potential on its 11,517 SF LAR3-zoned lot. Whether as a stable income-producing asset or a land- banked future redevelopment site, this offering presents a compelling investment opportunity in one of LA's most dynamic rental markets.

Listed By CRMLS_CA / Nicholas Hayner / Maywood Property Group

Last checked: Checking… • Last updated Jul 17, 2025 •

MLS# 25566669 —

The Building

Year Built:

1957
New Construction:

No
Building Area Total:

6533.00
Total Number Of Units:

8
# of Buildings:

1

Interior

Features:

Ceiling Fan(s)
Levels:

Multi/Split

Location

Directions:

5532-008-026
Latitude:

34.09407700
Longitude:

-118.34128800

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

11520.0000
Lot Size Acres:

0.2645
Lot Size SqFt:

11520.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5532008026

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Appliances

Appliances:

Disposal, Vented Exhaust Fan
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/17/25 Jul 17, 2025	Listed / Active	CRMLS_CA	$2,300,000

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This multifamily located in Central LA, Los Angeles, CA 90038 is currently for sale for $2,300,000. 1254 N Orange Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1254 N Orange Drive is in the Central LA neighborhood of Los Angeles. This multifamily is in the attendance area of Hollywood Senior High School, Gardner Street Elementary School, and Hubert Howe Bancroft Middle School.

Listing Courtesy of: CRMLS_CA and Maywood Property Group. Based on information from California Regional Multiple Listing Service, Inc. as of 17:39 on Jul 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.