Renovated Courtyard Apartment
537 N Orange Dr Los Angeles, CA 90036
537 N Orange Dr, Los Angeles, CA, 90036
$4,725,000
For Sale
$4,725,000
Renovated bungalow-style apartment residences with 10 units arranged around a central courtyard on a 14,850 SF lot.
Lot Size0.34 Acres
Days on Market160
Property Features for 537 N Orange Dr
General Information
- Standard status
- Active
- Lot size
- 0.34 Acres
- Property subtype
- MULTI_FAMILY
Building Details
- Year Built
- 1927
Listing agency
Miller & Desatnik Realty Co.
(310) 939-9300
Listed by
David Miller · License #02105346
Source
Milsteinestates
Added: Feb 12 Updated: Jul 22 at 5:46PM Checked: Jul 22 at 5:46PM
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 Miller & Desatnik Realty Co.
Investment Insights
Based on property information with market context.
The Orange Drive Residences is a 10-unit apartment community featuring seven bungalow-style structures built in 1927 and reimagined in the early 2000s. Units are 1-bedroom, 1-bath cottages with vaulted ceilings and loft-style bonus spaces that can function as an added bedroom, studio, or office. Renovations include designer-updated kitchens and bathrooms, stylish hardwood flooring and finishes, in-unit washer/dryers, air conditioning, lush landscaping, and private entrances. The property is arranged around a central courtyard that serves as a landscaped focal point.
The site is located on a tree-lined street south of Melrose and west of Highland in historic Hancock Park. The community sits on a 14,850 SF lot and includes two existing garages that present a value-add opportunity with ADU conversion potential.
The property is exempt from LA City rent control and AB 1482. Two garages offer additional development-related upside through potential ADU conversion.
The site is located on a tree-lined street south of Melrose and west of Highland in historic Hancock Park. The community sits on a 14,850 SF lot and includes two existing garages that present a value-add opportunity with ADU conversion potential.
The property is exempt from LA City rent control and AB 1482. Two garages offer additional development-related upside through potential ADU conversion.
Key Highlights
- Built in 1927; 10 individually renovated 1BD/1BA units in seven bungalow‑style structures
- Units are arranged around a manicured central courtyard on a 14,850 SF lot
- Renovation features include designer‑updated kitchens and bathrooms, and stylish hardwood flooring and finishes
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FAQs
What type of property is this?
Apartment building - Renovated bungalow-style apartment residences with 10 units arranged around a central courtyard on a 14,850 SF lot.
Where is this apartment building located?
The property is located at 537 N Orange Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,725,000.
What are key features of this property?
This property features: Built in 1927; 10 individually renovated 1BD/1BA units in seven bungalow‑style structures; Units are arranged around a manicured central courtyard on a 14,850 SF lot; Renovation features include designer‑updated kitchens and bathrooms, and stylish hardwood flooring and finishes