1032 S Orange Drive Los Angeles, CA $ 2,150,000
1032 S Orange Drive
$ 2,150,000
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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
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Multi-Family Home for sale in Los Angeles, CA

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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Multi-Family Active

Price

$ 2,150,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1507

Year Built

1928

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26852715

Days on Market

2

Features
General
Living 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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Interior
Interior 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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Exterior
Parking 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 Features
List By
Remax Commercial & Investment Realty

Broker

jake@taksainvestment.com

Email

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$13,575
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Monthly Principal & Interest
$13,575
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$2,150,000 Listed Price

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1032 S Orange Drive, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,150,000 with 5,136 sqft and a lot size of 0.1507. 1032 S Orange Drive has 8 bedrooms, 4.0 baths, and was built in 1928. The property's zip code is 90019 which is in Los Angeles, CA