5-Unit Apartment Building with
1237 N Orange Dr, Los Angeles, CA 90038
For Sale
New
Contact for pricing
Four residences have four bedrooms, while the fifth has three; most units include balconies and all have in-unit laundry.
Property SizeContact for details
Days on Market6
Property Features for 1237 N Orange Dr
General Information
Standard status
Property subtype
Occupancy
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Asking Price
Tenant in Place
Amenities
in-unit laundry
balconies
Listing Agency:
Myunits.com
Listed By:
Lauren Cearley · License CA #02146823
(209) 298-6020
Source:
Crexi
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 4:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com
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Investment Insights
Based on property information with market context.
Completed as new construction, this five-residence apartment property combines four 4-bedroom units with one 3-bedroom unit. Interior features include custom tilework, designer fixtures and finishes, oversized windows, and in-unit laundry. Large balconies are present in most residences. Four apartments are leased at market rents; the fifth can be delivered vacant or leased, providing flexibility in occupancy. The property has a 5.87% pro forma cap rate.
The building is in Hollywood, with Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard among the named nearby destinations. The residences offer a mix of larger four-bedroom layouts and a three-bedroom unit.
The building is in Hollywood, with Larchmont Village, Melrose Avenue, Santa Monica Boulevard, and Hollywood Boulevard among the named nearby destinations. The residences offer a mix of larger four-bedroom layouts and a three-bedroom unit.
Key Highlights
- Five‑unit apartment property completed as new construction
- Unit mix: four 4‑bedroom residences and one 3‑bedroom residence
- Four units leased at market rents; one can be delivered vacant or leased
Property Analytics
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Lease Details
5
Residential units
80%
Occupancy
Location Intelligence
Trade Area within ½ mile
6,383
Businesses Nearby
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Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four residences have four bedrooms, while the fifth has three; most units include balconies and all have in-unit laundry.
Where is this apartment building located?
The property is located at 1237 N Orange Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Five‑unit apartment property completed as new construction; Unit mix: four 4‑bedroom residences and one 3‑bedroom residence; Four units leased at market rents; one can be delivered vacant or leased
