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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 u...tilize 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.

CRMLS, MLS#: BB26236594
Listed By: Myunits.com Inc., Lauren Cearley
Co-listed By: Cheyenne Womack, cheyenne@myunits.com

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Appliances

  • Dryer
  • Washer

Common Walls

  • No Common Walls

Community Features

  • Sidewalks

Cooling

  • Central Air

Electric

  • Standard

Fireplace Features

  • None

Heating

  • Central

Laundry Features

  • Washer Hookup
  • Electric Dryer Hookup
  • Inside

Levels

  • Three Or More

Lot Features

  • Landscaped

Parking Features

  • Assigned

Pool Features

  • None

Sewer

  • Public Sewer

Spa Features

  • None

View

  • City Lights
  • Neighborhood

WaterSource

  • Public

Rooms

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Listed By:
Myunits.com Inc.
Lauren Cearley
Cheyenne Womack, cheyenne@myunits.com

Data Source: CRMLS

MLS#: BB26236594

Data Source Copyright: © 2026 CRMLS All rights reserved.

© 2026 Provided by CRMLS

This property was listed on 11/3/2026 and last updated as of 11/3/2026 10:23:45 PM. OSI IDX updated the data from CRMLS on 11/6/2026 at 11:23 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.