$4,725,000
537 N Orange Drive, Los Angeles CA 90036
Multi-Family (10 Units)
Property type
124 days
On market
$619
Price per sqft
N/A
Garage
1927
Year built
14,850 sqft
Lot size
Home highlights
Open Houses
Overview
Nestled on a picturesque tree-lined street just south of Melrose and west of Highland, The Orange Drive Residences is a rare and coveted offering in the heart of historic Hancock Park. This exceptional property features 10 individually renovated units across seven charming bungalow-style structures, all arranged around a serene and beautifully manicured central courtyard on a...
Listing provided by: David Miller DRE #02105346 323-948-7507, Miller & Desatnik Realty Co., Errol Spiro DRE #00893163 310-202-9166, Miller & Desatnik Realty Co.
Listing updated: Feb 20, 2026 at 08:23am.
Last checked: Jun 13, 2026 at 02:00pm
Source: CRMLS #26650283
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,900 | $2,900 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $2,900 | $2,900 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $2,800 | $2,800 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $2,800 | $2,800 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,132 | $3,132 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $2,900 | $2,900 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $2,900 | $2,900 | $3,200 | Unfurnished |
# of Buildings: 10
# of Units Total: 10
Dishwasher: 10
Refrigerator: 10
Financial Snapshot
Gross Rent Multiplier
13.2x
List Price / Annual Gross Rent
Cap Rate
4.94%
NOI / List Price
Net Operating Income: $233,408
Interior
Heating: Wall Furnace
Appliances: Dishwasher, Refrigerator
Exterior
Stories Total: 1
Levels: One
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5525019002
Zoning: LARD1.5
Lot Size Dimensions: 100x148
Lot Dimensions Source: Assessor
Community
HOA: No
Senior Community: No