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1237 N Orange , Hollywood, CA 90038
$4,750,000
Est. Payment: $24,646.73/mo
15 Bed
19 Bath
0.17 Acres
Status: active | Days on site: 1
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CR-BH5345657 - CR-BB42774,CR-BB42064
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Chris Heller
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House Description

1237 N Orange Dr is a brand-new luxury 5-unit property in the heart of Hollywood, with one unit available to be delivered vacant or leased, making it an ideal opportunity for owner occupancy! Built to a standard that stands apart from typical new construction, the property features designer finishes and fixtures, custom tilework, oversized windows, in-unit laundry and large balconies in most residences. The unit mix includes four spacious 4-bedroom residences and one impressive 3-bedroom residence. Four units are leased at market rents, providing immediate income, while the remaining unit offers an opportunity for a buyer to live on-site and utilize owner occupancy financing. Offered at $4,750,000, the property features a 5.87% pro forma cap rate and approximately $354,600 in projected annual gross income at full occupancy. Ideally located near Larchmont Village, Melrose Avenue, Santa Monica Boulevard and Hollywood Boulevard, the property provides convenient access to major studios, entertainment employers, dining, shopping and nightlife. With premium finishes, established rental income and flexibility for owner occupancy, 1237 N Orange Dr offers a compelling opportunity to own luxury new construction in a prime Hollywood location.
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Highlights

Listed by Lauren Cearley , 213-302-8662 and Cheyenne Womack , 805-973-7470 Myunits.com Inc. , 844-698-6487. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.17

County

Los Angeles

Listing ID

BB26236594

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:15
  • ▪ Bathrooms:19
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Builder
Principal Interest
$24,647
Taxes
$3,028

Home Price

$4,750,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$950,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,646.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,646.73 $3,028.13 $0.00 $27,674.85
Yearly $295,760.73 $36,337.50 $0.00 $332,098.23
Total $8,872,821.96 $1,090,125.00 $0.00 $9,962,946.96

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Hollywood, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-11-07T19:36:16.000Z

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