1006 S Orange Drive, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate



1006 S Orange Drive,Los Angeles, CA 90019
$3,695,000
- 4 Beds
- 16 Baths
- 10,544 sq. ft.
- Multi-family
- Active
Listed by:nick astrupgaard
Office:kw commercial studio city
MLS#:25513845
Source:CRMLS
Price summary
- Price:$3,695,000
- Price per sq. ft.:$350.44
About this home
1006 South Orange Drive is a 16-unit apartment community and the highly sought-after Miracle Mile sub-market. This 16-unit Miracle Mile apartment community is centrally right off Olympic Blvd., a short distance from Wilshire Blvd., The Grove, and other popular destinations. Miracle Mile multifamily investments have historically provided investors exceptional long-term capital appreciation and wealth preservation. 1006 South Orange Drive, built in 1928, features four (4) 1- Bedroom/1-Bathroom units, two (2) Junior 1-Bedroom/1-Bathroom units, and ten (10) Studio Apartments. Investors and renters will be drawn to the attractive 1920s brick property with twin-pitched roofs, original windows, and manicured landscaping. Property amenities include an on-site laundry room, private seating area/porch on the second floor, and an inviting backyard--great for outdoor dining or dog walks. The apartment homes are individually metered for electricity and master-metered for gas and water. Current ownership has also implemented a Utility Pass-Through Program (RUBs System), keeping the owner's expenses low by passing along shared expenses to the tenants. The asset is close to world-class dining, shopping, entertainment, and nightlife in Los Angeles. It further benefits from access to business services and major employment centers throughout the city and its surrounding neighborhoods. There is a substantial rental upside based on the current market vs. existing rents, thus representing a significant long-term investment opportunity in an exceptional Miracle Mile location.
Contact an agent
Home facts
- Year built:1928
- Listing Id #:25513845
- Added:146 day(s) ago
- Updated:August 18, 2025 at 02:21 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:16
- Living area:10,544 sq. ft.
Structure and exterior
- Year built:1928
- Building area:10,544 sq. ft.
- Lot area:0.24 Acres
Finances and disclosures
- Price:$3,695,000
- Price per sq. ft.:$350.44
New listings near 1006 S Orange Drive
- Open Sat, 1 to 4pmNew$1,595,000Active4 beds 4 baths2,574 sq. ft.
1827 Barry Avenue #2, Los Angeles, CA 90025
MLS# SB25192330Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - Open Sat, 1 to 5pmNew$2,299,000Active4 beds 5 baths2,669 sq. ft.
10350 Mccormick Street, North Hollywood, CA 91601
MLS# SR25191852Listed by: EQUITY UNION - Open Sun, 1 to 5pmNew$1,638,000Active5 beds 3 baths2,857 sq. ft.
20621 Pesaro Way, Porter Ranch, CA 91326
MLS# SR25192446Listed by: PINNACLE ESTATE PROPERTIES - Open Sat, 2 to 5pmNew$1,499,999Active3 beds 4 baths2,506 sq. ft.
9743 Monogram Avenue, Northridge, CA 91343
MLS# SR25192810Listed by: RODEO REALTY - Open Sat, 12 to 4pmNew$875,000Active3 beds 2 baths1,562 sq. ft.
1519 W 122nd Street, Los Angeles, CA 90047
MLS# WS25192976Listed by: TU CASA REALTY GROUP INC - New$535,000Active1 beds 1 baths660 sq. ft.
7320 Hawthorn Avenue #222, Los Angeles, CA 90046
MLS# 25582571Listed by: EXP REALTY OF GREATER LOS ANGELES - New$1,350,000Active-- beds -- baths2,370 sq. ft.
8939 Rhea Avenue, Northridge, CA 91324
MLS# P1-23847Listed by: COMPASS - New$1,280,000Active8 beds -- baths2,936 sq. ft.
1873 W Jefferson Boulevard, Los Angeles, CA 90018
MLS# CL25580125Listed by: COMPASS - New$1,345,000Active4 beds -- baths3,098 sq. ft.
1322 S Van Ness Avenue, Los Angeles, CA 90019
MLS# CL25580567Listed by: DREAM REALTY & INVESTMENTS INC - New$189,900Active0.32 Acres
3573 Camino De La Cumbre, Sherman Oaks (los Angeles), CA 91423
MLS# CL25581883Listed by: EQUITY UNION