Property Description

1775 N Orange Dr | 43-Unit Historic Apartment-Hotel in the Hollywood Foothills. Built in 1925 on a 15,751 SF LAR4 lot with 36,098 SF of improvements, this landmark asset is designated a Historic-Cultural Monument and benefits from Mills Act property tax incentives. The property features a unit mix of (36) studios and (7) 1-bed/1-bath units and operates under permitted legacy apartment-hotel use, offering stabilized income with operational flexibility. This property can be purchased with the two adjacent buildings for a total of $26.1M. 1769 N Orange Dr and 7000 Franklin Ave.

ESSENTIAL INFO

• Status: Active