1237 Orange, Hollywood CA 90038 | $4,750,000
Listing provided courtesy of Lauren Cearley of Myunits.com Inc.. Last updated 2026-11-10 09:12:20.000000. Listing information © 2026 SANDICOR.
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.
More Details
0.17 Acres
3 Stories
