col Listing Agent BRE# 00542204
Property Type Residential Income
Status Active
Price Type
Distressed
Year Built 1929
Neighborhood
Days on Website 113

Property Map

$13,850,000 – 1901 Orchid Ave, Los Angeles, CA 90068

Street View

Listing courtesy of Barry Gray (CalBRE #01358622), DeasyPennerPodley.

Description

Las Orquideas, a 9-unit Spanish Revival Village by Architect Wilfred Buckland, 1929. Howell + Padgett, Restoration, 2019. Nestled in the Hollywood foothills, like the Andalusian hill towns that inspired it, Las Orquideas is a collection of 5 villa-like structures housing nine unique residences and 1 flex space. Buckland, Cecil B. DeMille’s art director and the original owner, designed the property for himself as a replica of a Spanish hill town, with ascending walkways, connecting gardens, and intimate plazas. The entire complex has been immaculately restored. If there was ever a pride of ownership asset, Las Orquideas is it. The 9-residence compound offers the style, character and rich details of a landmark historic property with the modern amenities of new construction. This Mills Act building can be delivered fully vacant, providing endless opportunity.

Property Details and Features

Listing

  • Listed on 2019-08-14
  • $1,310 per square foot
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Bedrooms

  • Unit 1 has 1 bedroom
  • Unit 2 has 2 bedrooms
  • Unit 3 has 1 bedroom
  • Unit 4 has 3 bedrooms
  • Unit 5 has 2 bedrooms
  • Unit 6 has 2 bedrooms
  • Unit 7 has 2 bedrooms
  • Unit 8 has 2 bedrooms
  • Unit 9 has 3 bedrooms

Bathrooms

  • Unit 1 has 1 bathroom
  • Unit 2 has 1 bathroom
  • Unit 3 has 1 bathroom
  • Unit 4 has 2 bathrooms
  • Unit 5 has 2 bathrooms
  • Unit 6 has 1 bathroom
  • Unit 7 has 2 bathrooms
  • Unit 8 has 1 bathroom
  • Unit 9 has 3 bathrooms
  • Unit 10 has 1 bathroom

Location

  • County: Los Angeles
  • ZIP code: 90068
  • Area: Hollywood (C20)

House

  • Built in 1929
  • Building is 10573.0 square feet
  • 9 total units in complex
  • 5 buildings
  • Spanish

Security System

  • Card/Code Access
  • Gated Community

Floors

  • Hardwood

Roof

  • Tile

Property

  • Updated/Remodeled
  • Zoning: LAR2
  • City View
  • Landmark View
  • Tree Top View

Lot

  • Lot size source: Public Records

Appliances and Equipment

  • Dishwasher
  • Dryer
  • Garbage Disposal
  • Refrigerator
  • Washer
  • Range Hood
  • Microwave
  • Range

Fireplaces

  • Living Room

Kitchen

  • Gourmet Kitchen

Parking

  • 28 total parking spaces
  • 14 covered spaces
  • Private Garage
  • Garage
  • Garage Is Detached
  • Parking for Guests

Home Owner’s Association

  • Association name: LAS ORQUIDEAS

Cooling

  • Air Conditioning
  • Central A/C

Heating

  • Central Furnace

Miscellaneous

  • $708,000 gross operating income
  • [value} net operating income
  • $46,000 total annual expense
  • Unit 9 monthly rent: $8,000
  • Unit 10 monthly rent: $0
  • Unit 9 total projected rent: $7,800
  • Unit 10 total projected rent: $0
  • Unit 11 is furnished
  • Unit 12 is furnished
  • Unit 13 is furnished

Tenant Pays

  • Electricity
  • Gas

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