Nirvana Portfolio 91-Unit Multifamily at 1775 North Orange Drive

The Nirvana Portfolio is a 91-unit Hollywood assemblage comprised of three adjacent assets at the base of the Hollywood Hills, offering a rare opportunity to acquire portfolio-scale vintage multifamily in one of Los Angeles’ most supply-constrained rental corridors. Anchored by The Nirvana (1775 N Orange Dr)—a landmark character property with restored historic design elements—the portfolio combines iconic identity with meaningful operational and repositioning upside.

Spanning 61,033 SF across 44,762 SF of land, the assemblage features a studio- and 1-bedroom-heavy unit mix that supports durable tenant demand and long-term income growth. With multiple execution strategies available—including targeted renovations, unit optimization, and brand-driven repositioning—the Nirvana Portfolio presents a compelling platform for investors seeking scale, character, and upside potential in a premier Hollywood location.

Key Property Details

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• Portfolio: Nirvana Portfolio (3-Asset Assemblage)
• Addresses: 1769 N Orange Dr, 1775 N Orange Dr, 7000 Franklin Ave | Los Angeles, CA 90028
• Total Units: 91 Units
• Unit Mix: 66 Studios | 18 (1 Bed / 1 Bath) | 4 Split Studios
• List Price: $26,100,000
• Building Size: 61,033 SF
• Lot Size: 44,762 SF
• Year Built (Avg.): 1935 (1925 / 1930 / 1949)
• Zoning: LAR4