1156 N Orange Drive, Hollywood, California 90038, Hollywood, 90038 - 3 bed, 4 bath
1156 N Orange Drive
Hollywood, California 90038
Property Price
SUMMARY
Analysis of 1156 N Orange Drive, Hollywood, California 90038 reveals a property with a current list price of $1,450,000, which is 9% above the estimated $1,327,362 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1156 N Orange Drive Subject | $1,450,000* List Price | 3 | 4 | 2,093 | $634 | - |
A 1204 N Thomas Lane Sold | $1,200,000 | 3 | 4 | 2,060 | $583 | 0.5 mi |
B 1144 W Alma Lane Active | $1,225,000 List Price | 3 | 4 | 2,084 | $588 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2020, this modern residence is well within the 10-year threshold for excellent condition. It features high-end finishes including quartzite countertops, European-style cabinetry, stainless steel double ovens, and wide-plank flooring. The property includes contemporary systems such as central HVAC, a tankless water heater, and double-pane windows, all of which appear virtually new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Luxury Finishes
Built in 2020, the home features high-end quartzite countertops, European-style cabinetry, and wide-plank flooring, offering a turnkey experience with contemporary aesthetic appeal.
- Exceptional Rooftop Lounge
The private rooftop deck provides panoramic views of the Hollywood Hills and city skyline, creating a premier outdoor entertaining space that is highly coveted in urban Los Angeles.
- Prime Media District Location
Situated in the heart of the Hollywood Media District near Melrose, the property offers unparalleled access to major studios, world-class dining, and vibrant nightlife.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1184, living area = 2093.
- Minimal Lot Size
With a lot size of just 1,184 square feet, the property lacks a traditional backyard or private ground-level green space, which may limit appeal for buyers prioritizing outdoor land.
- Vertical Living Design
The multi-story layout requires navigating several flights of stairs to access the living areas and rooftop, which may be a drawback for those seeking high accessibility.
About 1156 N Orange Drive
Sun-filled modern residence in the heart of the Hollywood Media District and Melrose This 3-bedroom, 4-bath home spans approx. 2,093 sq ft+ private rooftop - showcasing high end finishes, wide-plank flooring, and open-concept living. The designer kitchen features quartzite countertops, European-style cabinetry, stainless appliances including a double oven, and a large island ideal for entertaining. The spacious primary suite offers a walk-in closet and contemporary bath. Two additional bedrooms and bonus room provide flexible living options. An incredible rooftop lounge offers panoramic city and hill views perfect for sunset gatherings. Additionally, the home include direct-access garage, central HVAC, tankless water heater, double-pane windows, and low HOA. Prime location near Santa Monica Blvd, La Brea, studios, dining, and nightlife.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 1,184 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $159.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,093 | 1,834.5 | 71% |
| Lot Size | 1,184 | 3,100 | 29% |
| Price | $1.45M | $1.24M | 64% |
| Price per sq ft | $693 | $694 | 50% |
| Built year | 2020 | 2014 | 71% |
| HOA | $159.0 | $0 | 79% |
| Days on market | 3 | 170 | 7% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,450,000
Initial Listing
Sold
Dec 13, 2021
$1,319,500
Public Record