Listing provided courtesy of Mary Anne Reyes of Pacifica Realty Management LA. Last updated 2019-07-03 09:43:57.000000. Listing information © 2024 CLAW.
Asking Price: $2,199,000
1157 ORANGE, Los Angeles CA 90038
Community: Hollywood
This property was built in 1925 and is priced at $2,199,000. Please see the additional details below.
Classic 1925 California Bungalow Home plus Duplex on prime corner lot in Hollywood central. Front house is 2bd/1ba with original windows, breakfast room, built-in buffet in dining room and front yard and porch. Kitchens and bathrooms in all three units have been updated. Great opportunity for investors and developers. Large 7002 SF corner lot - zoned R3. Buyer to do their own investigation. Collect rent while working through entitlements and permits. Walking distance to many popular restaurants, shops and theaters on Hollywood, Sunset, La Brea, Highland and Melrose. Walk to Roosevelt Hotel, Grauman's Chinese Theatre, ArcLight, Dolby Theatre - home of the Oscars- Hollywood Studios and The Lot Studios. With development, potential rooftop views of Hollywood Hills, the Hollywood sign & Griffith Observatory. 1157 owner occupied-will be delivered vacant at CoE. Please do not disturb tenants. Buyer to cooperate with seller's IRC Section 1031 tax deferred exchange. Seller selects services.