#24455673, Alex Galuz, Listing Office: Keller Williams Realty Calabasas
1903 Orchid Ave Los Angeles, CA 90068
Property details
About 1903 Orchid Ave
*** 3rd price reduction - $650,000 from originally listed price *** 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.
Highlights
Summary
- MLS Number: 24357281
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (310) 230-5478
- Listing Agent: Kenny Stevens
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/1/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$12,250,000
1903 Orchid Ave
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 28, 2020 | Home Sold | $12,500,000 |
Dec 06, 2000 | Home Sold | $1,750,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,427,986 | $42,419 |
2023 | $3,360,772 | $49,873 |
2022 | $3,294,875 | $39,713 |
2021 | $3,230,271 | $39,190 |
2020 | $3,197,150 | $14,114 |
2019 | $1,104,000 | $14,277 |
2018 | $1,104,000 | $14,245 |
2017 | $1,104,000 | $14,245 |
History based on county public records data.
Nearby schools
4
Gardner Street Elementary
Public District PK-5
0.8 mi
•7450 Hawthorn Ave
5
Cheremoya Avenue School
Public District PK-6
1.1 mi
•6017 Franklin Ave
5
Vine Street Elementary
Public District KG-6
1.4 mi
•955 Vine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,510. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1903 Orchid Ave
This home is located at 1903 Orchid Ave in Los Angeles, CA and zip code 90068 in the Central LA neighborhood. This 10,573 square foot home, which was built in 1929, sits on a 0.35 acre lot. Features: 18 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $12,250,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.