1903 Orchid Avenue Los Angeles, CA $ 12,700,000
1903 Orchid Avenue
$ 12,700,000
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1903 Orchid Avenue

Los Angeles, CA, 90068
$ 12,700,000
Baths0.0 Sq 10,573

Monthly Estimate*

$ 88,713

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $12,700,000. This 10,573 square foot home was built in 1929 on a lot size of 0.35.

Welcome to Las Orquideas, a historic Andalusian garden village built in 1929 by Wilfred Buckland, and immaculately restored by Howell & Padgett in 2019, whose previous works include the iconic Torre del Moro condos in Beachwood Canyon. Las Orquideas perfectly retains that signature glamour of Hollywood's Golden Age while offering modern and luxurious amenities of a new construction property. Perched in the foothills of the Hollywood Hills, this compound has five villa-like structures consisting of nine units and a flex space. This whimsical complex was designed in the early days of Hollywood's Golden Era by Wilfred Buckland, Cecil B. DeMille's frequent art director. Buckland, the original owner, developed the property as a replica of a Spanish hill town with ascending walkways, connecting gardens, and intimate plazas. An abundance of lush mature landscaping lines the stone walkways. Each villa-like structure is covered in coral-colored stucco and features original architectural period details such as interior arches, beamed ceilings, fireplaces, wood floors, and stained glass. Lofty ceiling heights and oversized windows bring in much natural light. A remodel of each unit was completed several years ago with strict attention to retaining each unit's strict authentic integrity and character. Modern updates include custom cabinetry, stainless steel appliances, and an in-unit washer and dryer. Several units feature private patios or balconies overlooking Hollywood Blvd. and the city. Las Orquideas is a Mills Act property with a financial incentive for historic preservation, offering property tax savings for owners who invest in rehabilitating historic buildings. Las Orquideas is part of the Golden Era Collection, four impeccably restored multifamily complexes in Los Angeles.

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Multi-Family Active

Price

$ 12,700,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.35

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024357281

Features
General
Zoning LAR2
Architectural Style Spanish
Security Features Card/Code Access Gated Community
Year Built 1929
View Hills City Lights
Levels Two
County Los Angeles
Net Operating Income 452667.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
View Y/N Yes
Senior Community Y/N No
MLS Area C03 - Sunset Strip - Hollywood Hills West
Lot Size Square Feet 15135.0
Street Name Orchid
Property Condition Updated/Remodeled
Additional Parcels Y/N No
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Flooring Tile Wood
Kitchen Appliances Disposal Dishwasher Refrigerator
Fireplace Features Living Room
Total Stories 2
Fireplace Y/N Yes
Street Suffix Avenue
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Uncovered Garage - Single Door Side by Side
Lot Size Area 15135.0
Building Area Total 10573.0
Lot Size Acres 0.35
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Kenny Stevens

Listing Agent

Compass

Broker

Affordability Calculator

$88,713
Per Month
100%
0%
0%
Monthly Principal & Interest
$88,713
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2024$12,700,000 Listed Price

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1903 Orchid Avenue, Los Angeles, CA, 90068 is a Multi-Family Home for sale at $12,700,000 with 10,573 sqft and a lot size of 0.35. 1903 Orchid Avenue is a studio with 0.0 baths and was built in 1929. The property's zip code is 90068 which is in Los Angeles, CA