1153 N Orange Dr, Hollywood, CA 90038

Property Description

1153 N Orange is an exquisite non rent-controlled 2019 fourplex in PRIME Hollywood steps from West Hollywood: the only new construction fourplex west of Highland! This luxury fourplex was designed with floor to ceiling windows, balconies throughout & sky high ceilings to bring the allure of Hollywood in. Capture breathtaking views of the Hollywood sign & the stunning LA skyline from these 3-story duplexes. In fact, the architect designed this building so that the Hollywood sign can be seen from all 4 units! In addition to the pride that comes with owning such an impressive property, you’ll also enjoy the highest cap rate possible: 5.93%!
 
 Situated 1 block south of Fountain between La Brea & Highland, this property is in a dream location. With a Walk Score close to 100, tenants will flock to these units, making for high rents & low vacancy rate! 2 blocks away you’ll find the “West Hollywood Gateway”, which contains Target, Mendocino Farms, Starbucks & much more. Walk 3 blocks north and you’ll be on Sunset Blvd, or walk .5 miles and be at Hollywood & Highland!
 
 1153 N Orange is made up of a 4b/3b & a 3b/3.5 in the rear duplex and a 3b/2.5b & a 2b/2.5b in the front duplex. These units define upscale urban living, with huge, open floorplans, high-end black Milgard® Home Windows & premium appliances, fixtures, cabinets, tiles & flooring. The property has 7 covered garage parking spaces, 4 in the front building and 3 in the rear, as well as additional bicycle parking.