Property Details

Price $13,000,000

Year Built 1929

# of Units 10

Price P/ Unit $1,300,000

Sq. ft. 10,573 SF

Price p/ Sq. ft. $1,230

Current Cap Rate 3.30%

Proforma Cap Rate 3.53%

Lot Size 15,130

Zoning LAR2-1XL

Request Offering Memorandum

  • Hidden

Hate filling out forms?

Download the OM here

About the Property

Las Orquideas is an Andalusian Garden Village nestled at the base of the Hollywood Hills, near the iconic Magic Castle. This compound features five villa-like duplexes consisting of ten legal units. The owners are looking into the possibility of an ADU, which would be the 11th unit. This whimsical complex was designed in the early days of the Golden Era of Hollywood by Wilfred Buckland, Cecil B. DeMille’s frequent art director. Buckland, the original owner designed the property for himself as a replica of a Spanish hill town with ascending walkways, connecting gardens, and intimate plazas. Each villa-like duplex is covered in coral-colored stucco and features original architectural period details such as interior arches, beamed ceil, fireplaces, wood floors, and stained glass. Lofty ceiling heights and oversized windows bring in much natural light. An abundance of lush mature landscaping lines the stone walkways. 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.

Like this property?

Contact Kenny Stevens about it!

Related Listings

WeHo Spanish-Revival Complex under Mills Act

Patio del Moro | 8225 Fountain Ave
West Hollywood, CA 90046

Price $7,425,000

City West Hollywood

Units 7

Spanish Fourplex in Silver Lake w/ 2 ADUs RTI

839 N. Occidental Boulevard
Los Angeles, CA 90026

Price $2,995,000

City Silver Lake

Units 4

37 Units Walkable to Hollywood & Highland

6720 Franklin Place
Hollywood, CA 90028

Price $8,500,000

City Hollywood

Units 37