29
See all 29 photos
$1,800,000
Est. payment /mo
12 BD
6 BA
4,200 SqFt
Active
6504 Orange ST Los Angeles, CA 90048
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/15/2025 01:15 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $428
MLS Listing ID 25495359
Bedrooms 12
HOA Y/N No
Year Built 1948
Lot Size 6,250 Sqft
Property Description
This property offers an exceptional value-added investment opportunity, with an estimated 47% upside potential. Current rental rates are significantly below market value, allowing a new owner to renovate and modernize the units to increase their desirability and rental income. With strategic upgrades, the property can attract high-quality tenants and generate impressive returns. Adding to its appeal, this is the first time the property has been on the market in over 30 years, making it a rare opportunity to acquire a well-maintained asset with long-term potential. Passed down through generations, it is now ready for a new owner to reposition it for future growth. Located in the prime Beverly Grove neighborhood, the property offers easy access to world-class shopping, dining, and cultural attractions. Additionally, the property includes ample rear parking with the potential to add an accessory dwelling unit (ADU), subject to buyer verification. This feature enhances the investment appeal by offering an opportunity for additional rental income.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Covered
Garage Spaces 1.0
Carport Spaces 3
Garage Description 1.0
Pool None
View Y/N No
View None
Porch None
Attached Garage No
Total Parking Spaces 5
Private Pool No
Building
Faces North
Story 2
Entry Level Two
Foundation Raised
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5510023035
Special Listing Condition Standard
Listed by Saadia 'Sam' Liberow • Marcus & Millichap