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Renovated Courtyard Apartment Community

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.
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.

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

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Dental Office Law Firm (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Mobile Phone Store Restaurant Adult Day Care Travel Agency (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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
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