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For SaleLuxury

$2,100,000

5,136 sqft$409/sqft135 days on market

1032 S Orange Drive

Los Angeles, CA 90019

· 8% down, 7% APR, 30yr fixed

8

Beds

4

Baths

5,136

Square feet

1928

Built

Listing narrative

Description

PRICED REDUCED! 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.

Listing agent (MLS): Jacob Plewa · Listing brokerage (MLS): REMAX COMMERCIAL & INVESTMENT REALTY

Property Details

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Price

$2,100,000

Beds

8 bd

Type

House

Home Size

5,136 sqft

Baths

4

Lot Size

0.15 acres

Year

1928

Status

For Sale

Days on Market

135

$ / Sqft

$409

· 8% down, 7% APR, 30yr fixed
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Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY