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1903 Orchid Ave
Los Angeles, CA 90068

10 Units w/ Mills Act in the Hollywood Hills · Multifamily Property For Sale · 9 Units

Investment Highlights

  • *** A part of the Golden Era Collection, please contact Kenny Stevens or Alyson Richards for more information***
  • Las Orquideas was designed by Cecil B. DeMille's frequent art director, Wilfred Buckland, and is under the Mills Act (substantial tax savings)
  • Interior unit amenities include large-pane windows, hardwood floors, SubZero/Wolf/Bosch appliances, central A/C and stackable washer & dryer
  • Andalusian garden village featuring a compound of five villa-like duplexes consisting of ten legal units (2 units combined for spacious owner's unit)
  • Restored villa-like structure featuring original details such as interior arches, beamed ceilings, fireplaces, wood floors, stained glass & more
  • Each unit features a private terrace, garden patio or balcony, and has at least one parking space

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.35 AC
Building Size 10,573 SF
Average Occupancy 100%
No. Stories 3
Year Built 1929
Parking Ratio 1.32/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Views
  • Deck
  • Dining Room
  • Patio

Site Amenities

  • Controlled Access
  • Courtyard
  • Zen Garden

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 1 $6,000 -
3+2 1 $5,900 -
2+2 2 $6,050 -
2+1 3 $4,898 -
1+1 2 $4,025 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5549-017-018
Land Assessment
$2,754,104
Improvements Assessment
$2,095,914
Total Assessment
$4,850,017

zoning

Zoning Code R2-1, Los Angeles
R2-1, Los Angeles
  • Listing ID: 27130217

  • Date on Market: 2022-11-16

  • Last Updated:

  • Address: 1903 Orchid Ave, Los Angeles, CA 90068

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