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6133 Orange Street

Los Angeles (City), CA 90048
  • $2,595,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 22150361
UPDATED: 22 min ago
$2,595,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Listing Agent(s): Eliza Kerndian of Keller Williams Realty Westside (310-482-2500)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128178155
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6133 Orange Street Los Angeles (City), CA 90048

  • Price: $2,595,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 22 min ago
  • ID#: 22150361
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1929
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - 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

Parking Features Assigned Parking Total 0

Interior Features

Appliances DisposalMicrowaveRefrigerator Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 95254 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 57152 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T20:35:37.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Eliza Kerndian of Keller Williams Realty Westside (310-482-2500)