1237 N Orange
Hollywood, CA 90038
Listing broker / agent: Myunits.com Inc. · Lauren Cearley · 213-302-8662 · CRMLS
MLS # BB26236594 · Last checked Nov 14, 2026 18:48 UTC
About this property
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.
Property details
- MLS number
- BB26236594
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.1656 acres
- County
- Los Angeles
- Year built
- 2026
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 2026
- Year built source
- Builder
- Building stories
- 3
- Levels
- Three Or More
- Entry level
- 1
Rooms & interior
- Appliances
- Dryer, Washer
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- None
- Laundry
- Washer Hookup, Electric Dryer Hookup, Inside
Exterior & parking
- Total parking spaces
- 10
- Garage spaces
- 0
- Carport spaces
- 2
- Parking
- Assigned
- Pool
- None
- Spa
- None
- Lot features
- Landscaped
- Lot size source
- Builder
- Property outlook
- City Lights, Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Hollywood Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 0.4 mi |
| Hubert Howe Bancroft Middle (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 6–8 | 0.5 mi |
| Melrose Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.7 mi |
| Gardner Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.7 mi |
| Vine Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–6 | 0.9 mi |
| Larchmont Charter (school website, opens in a new tab) Los Angeles Unified · West Hollywood | K–12 | 1.2 mi |
| Fairfax Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles | 9–12 | 1.3 mi |
| Laurel Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–8 | 1.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $4,750,000
- MLS-reported original asking price
- $4,750,000
| Observed (UTC) | Asking price |
|---|---|
| Nov 3, 2026 22:29 | $4,750,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Hollywood
Active residential homes for sale in Hollywood, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
Not enough price-change observations yet. History starts when the upgraded importer records changes; no trend direction is assumed.
Calculated 2026-11-14 20:44 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗