Skip To Content

6133 Orange St

Los Angeles, CA 90048
  • $2,595,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 22-150361
UPDATED: 9 min ago
$2,595,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,904
    SQFT
  • $440
    $/SQFT
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

Huge value-add opportunity located in prime Beverly Grove location with 90% upside potential based on the market rents, Future Development potential, R3 zone TOC tier 4, or owner occupancy. This four unit apartment building features massive units averaging approximately 1,400 square feet each. Great unit mix of four (4) two-bedroom/two-bathroom units. Nice floor plans and great potential. Covered parking included for each unit. Property has a great walk score of 82 and is just a stone's throw from LA's best shopping and dining on Third Street, The Grove and Farmer's Market. Ideally located walking distance to Beverly Hills, Beverly Center, Cedar Sinai, and LACMA. Transportation is also made easy by access to nearby transportation hubs including the LA Metro, San Vicente Blvd, Santa Monica Blvd, and 101 & 10 Freeways. This well-positioned property presents a once-in-a-lifetime opportunity for an investor to capitalize on immense rental upside and strong appreciation in one of the most desired and sought-after areas in LA.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T09:42:26.83. 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. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/128177162
Print Image

6133 Orange St Los Angeles, CA 90048

  • Price: $2,595,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 9 min ago
  • MLS #: 22-150361
8
Beds
0
Baths
0
½ Baths
0.14
Acres
5,904
SQFT
$440
$/SQFT
1929
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
Huge value-add opportunity located in prime Beverly Grove location with 90% upside potential based on the market rents, Future Development potential, R3 zone TOC tier 4, or owner occupancy. This four unit apartment building features massive units averaging approximately 1,400 square feet each. Great unit mix of four (4) two-bedroom/two-bathroom units. Nice floor plans and great potential. Covered parking included for each unit. Property has a great walk score of 82 and is just a stone's throw from LA's best shopping and dining on Third Street, The Grove and Farmer's Market. Ideally located walking distance to Beverly Hills, Beverly Center, Cedar Sinai, and LACMA. Transportation is also made easy by access to nearby transportation hubs including the LA Metro, San Vicente Blvd, Santa Monica Blvd, and 101 & 10 Freeways. This well-positioned property presents a once-in-a-lifetime opportunity for an investor to capitalize on immense rental upside and strong appreciation in one of the most desired and sought-after areas in LA.
Exterior Features

Lot Size Area 6250 Other Structures Other Parking Garage Assigned Total Parking 0

Interior Features

Baths Total 8.00 Cooling Wall Unit(S) Equipment CableGarbage DisposalMicrowaveRange/OvenRefrigerator Heating Wall

Property Features

Assessed Total Value 2370303 Gross Income 95254 Gross Operating Income 95254 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 57152.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 38102 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Eliza Kerndian DRE#01398836 of Keller Williams Realty Westside.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T09:42:26.83. 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. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-150361-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-150361-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-150361-2.jpg
Logo
Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270