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537 N Orange Drive

Los Angeles, CA 90036
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Bed 10

Bed

Bath 0

Bath

SqFt7,630

Sqft

SqFt14,850

Sqft(Lot)

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 generous 14,850 SF lot. Built in 1927 and thoughtfully reimagined in the early 2000s, each residence effortlessly blends classic architecture with modern comforts. These spacious 1-bedroom, 1-bathroom cottages offer the privacy and ambiance of a single-family home, with vaulted ceilings and versatile loft-style bonus spaces perfect for a second bedroom, creative studio, or office. Highlights of renovations include: Designer-updated kitchens and bathrooms, Stylish hardwood flooring and finishes, In-unit washer/dryers and air conditioning, Lush landscaping and private entrances Importantly, the property is exempt from LA City rent control and AB 1482, positioning it as a rare investment opportunity with strong in-place income and room for rent growth. Additionally, two existing garages present a value-add opportunity with ADU conversion potential, further enhancing revenue. The Orange Drive Residences is more than an income property it's a trophy asset that offers both timeless character and modern appeal in one of LA's most enduringly desirable neighborhoods. This property would be a a true generational asset, and a jewel in any sophisticated commercial real estate investor's portfolio.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,725,000

AD Id : 75262257

MLS Id : 26650283

Beds : 10

Lot Size : 14,850 Sqft

Living Area Size : 7,630

Year Built : 1927

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Refrigerator
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1927 Building Area Total: 7,630

  • Lot Details

    Lot Dimensions Source: Assessor Lot Size Acres: 0.3409 Lot Size Dimensions: 100x148
  • Lot Size Source: Assessor Lot Size Square Feet: 14850

  • Listing Price Information

    Original List Price: 4,725,000 Listing Contract Date: 2026-02-12
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5525019002

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C18 - Hancock Park-Wilshire Postal Code Plus 4: 2067 Directions: South of Melrose, West of Highland Zoning: LARD1.5 Source Property Type: Residential Income Area: C18 - Hancock Park-Wilshire
  • Building and Construction

    Property Age: 99 Year Built Source: Assessor Total Square Feet Living: 7630 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
520 N Citrus, Los Angeles, CA, 90036 $1,915,000 3 2 1,519 1,519 SqFt
516 N Mansfield Avenue, Los Angeles, CA, 90036 $1,999,000 3 3 2,038 2,038 SqFt
617 N Orange Drive, Los Angeles, CA, 90036 $5,250,000 20 -- 15,000 15,000 SqFt
619 N Sycamore Avenue, Los Angeles, CA, 90036 $874,000 2 2 1,093 1,093 SqFt
457 N Orange Drive, Los Angeles, CA, 90036 $2,300,000 6 -- 4,297 4,297 SqFt
367 N Orange Drive, Los Angeles, CA, 90036 $2,195,000 6 -- 4,662 4,662 SqFt
637 N Detroit Street, Los Angeles, CA, 90036 $1,650,000 3 2 1,614 1,614 SqFt
615 S Highland Avenue, Los Angeles, CA, 90036 $3,199,000 4 5 3,331 3,331 SqFt
100 N Sycamore Avenue, Los Angeles, CA, 90036 $5,450,000 17 -- 16,588 16,588 SqFt
348 S Orange Drive, Los Angeles, CA, 90036 $2,695,000 4 4 2,934 2,934 SqFt

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ByOwner last updated this listing 06/12/2026 @ 18:39

MLS: 26650283 LISTED BY: David Miller, Miller & Desatnik Realty Co. 310-202-9166 SOURCE: CRMLS

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