Property Detail

Description

1769 N Orange Dr | 30-Unit Studio Multifamily in the Hollywood Foothills. Built in 1949 on an expansive 18,905 SF LAR4-zoned lot with 16,847 SF of improvements, this well-located asset is comprised entirely of studio units and features 8 on-site parking spaces. The property is subject to rent control and offers a compelling value-add strategy through unit reconfiguration, operational optimization, and mark-to-market rent growth across the rent roll. This property can be purchased with the two adjacent buildings for a total of $26.1M. 1775 N Orange Dr and 7000 Franklin Ave.