$2,150,000
About this home
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.
Facts & features
- Bedrooms
- 8
- Bathrooms
- 0 full, 0 half
- Living area
- 5,136 sq ft
- Interior features
- Ceiling Fans
- Appliances
- Dishwasher, Microwave
- Heating
- Central
- Levels
- Multi Split
- Lot size
- 0.151 acres (6,564 sq ft)
- Year built
- 1928
- Parking
- Assigned
- Parking spaces
- 8
- Area
- C 18 - Hancock Park-Wilshire
- County
- Los Angeles
- Status
- Active
- Property type
- Residential Income
- Days on market
- 8
- Listed
- 2026-06-26
- Parcel #
- 5084011026
- MLS #
- 26852715