34.0653076171875 -118.37052154541

6517 Orange Street LOS ANGELES, CA 90048

320186040 34.0653076171875 -118.37052154541 120 /listing/320186040-150190256/6517-orange-street-los-angeles-ca-90048 False 0 2625000.0000 4232 105 SR22163987 False
  • $2,625,000
  • 4,232 sqft
  • 6,250 lot
  • Est payment $14091.57/mo

Property & Neighborhood Info

Courtesy Of Matthew Sillaman, DRE#01925847, LB Property Management Inc

Multi-Family in Los Angeles

****This property is being sold with 6521 Orange St. Los Angeles, CA 90048 (DIRECTLY ADJACENT / SHARED DRIVEWAY)****The stylishly low-maintenance Spanish 4-plex features enhanced entry area and landscaping (raised trellis & patio). The property recently received new roofing and exterior paint coat. There is potential to add an ADU @ rear of property. Parking includes 4 official covered spaces with ample room for more. All 4 units are large & bright two bedroom-two baths with some unit upgrades (each unit includes a dedicated laundry room with W/D). Zoned Q-LAR3 in TOC Tier 3 but in LA Survey Area. The total lot size is approximately 6,250 SF. APN#: 5510-024-015. Buyer to verify all info.This is a RARE opportunity to acquire two adjacent 4-plex’s in prime Beverly Grove (lots together equate to approx: 12,500 SF). Beverly Grove is one of the city’s most celebrated & centralized neighborhoods. Acknowledged as one of the most walkable neighborhoods in Los Angeles, there’s no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by the Beverly Center, The Grove, and LACMA – All within a 5-min. drive or 20-min. walk. The property is also within a 10-min. walk to the Wilshire/ La Cienega Metro Station - Slated to open in 2024.Given the current interest rate environment, both 4-plex’s allow a potential investor to acquire residential financing for both properties. Additionally, the dual properties allow an investor future exit flexibility. It should also be noted, there’s potential to acquire both adjacent properties at opposite ends of 6517 & 6521 Orange St.

Courtesy Of Matthew Sillaman, DRE#01925847, LB Property Management Inc
  1. 4,232 Sq. Ft.
  2. 6,250 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1926
  • Garage: 4.0
  • County: LOS ANGELES
  • Units: 4
  • Zoning: LAR3
  • MLS Number:SR22163987

Additional Features

  • Common Walls:
    • No Common Walls
  • Community Features:
    • Urban
  • Flooring:
    • WOOD
  • Land Size Source:
    • Assessor
  • Laundry:
    • Individual Room
    • See Remarks
  • Levels:
    • Two
  • Lot Features:
    • Level
  • Parking:
    • Assigned
  • Pool Features:
    • None
  • Sewer:
    • Public Sewer
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Sewer
    • Trash Collection
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Association Fees:
    • 0.00
  • CDOM:
    • 123
  • Gross Income:
    • 130671.00
  • Insurance Expense:
    • 2200.00
  • Listing Agent License Number:
    • 01925847
  • Listing Key:
    • 369449863
  • Lot Size Acres:
    • 0.1435
  • Lot Size Area:
    • 6250.0000
  • Lot Size Square Feet:
    • 6250.00
  • Maintenance Exp:
    • 2000.00
  • Net Operating Income:
    • 90971.00
  • Number of Buildings:
    • 1
  • Number Of Units Leased:
    • 4
  • Operating Expense:
    • 39700.00
  • Parking Spaces:
    • 4.00
  • Price Per SQFT:
    • 620.27
  • Price Per Unit:
    • 656250
  • Tax ID:
    • 5510024015
  • Total Expenses:
    • 39700.00
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
First American Team Realty Inc
First American Team Realty Inc
(562) 427-7765
2501 Cherry Ave., Suite 100 Signal Hill CA 90755
no name available First American Team Realty Inc
34.0653076171875 -118.37052154541

6517 Orange Street LOS ANGELES, CA 90048

320186040 34.0653076171875 -118.37052154541 120 /listing/320186040-150190256/6517-orange-street-los-angeles-ca-90048 False 0 2625000.0000 4232 105 SR22163987 False
  • $2,625,000
  • 4,232 sqft
  • 6,250 lot
  • Est payment $14091.57/mo