1032 S Orange Drive
Los Angeles, CA, 90019 $ 2,150,000
Bedrooms8 Baths4.0 Sq 5,136 Monthly Estimate*
$ 13,575
Listed by REMAX COMMERCIAL & INVESTMENT REALTY
for $2,150,000 with 8 bedrooms and 4 full baths. This 5,136 square foot home was built in 1928 on a lot size of 0.1507.
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.
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FeaturesGeneralLiving Area 5136
Heating Central
Appliances Dishwasher Microwave
Zoning LARD1.5
Year Built 1928
Levels Multi/Split
Gross Income 144360
County Los Angeles
Net Operating Income 100479
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions East of La Brea just South of Olympic
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 6564
Standard Status Active
Cap Rate 4.67
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InteriorInterior Amenities Ceiling Fan(s)
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 4
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ExteriorParking Features Assigned
Total Parking 8
Lot Size Area 6564
Number of Buildings 1
Building Area Total 5136
Lot Size Acres 0.1507
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* Excluded FeaturesList ByRemax Commercial & Investment RealtyBroker
jake@taksainvestment.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $13,575
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,900,676
Percent of Sale Price 12%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/26/2026 | $2,150,000 | | Listed Price |