6504 Orange St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90048
Key Details
Property Type Multi-Family
Sub 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
Year Built 1948
Lot Size 6,251 Sqft
Acres 0.1435
Property Sub-Type Multi-Family
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 Beverly Center-Miracle Mile
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Window Unit(s)
Equipment None
Laundry Laundry Area
Exterior
Parking Features Garage Is Detached, Electric Vehicle Charging Station(s), Covered Parking
Garage Spaces 5.0
Pool None
Waterfront Description None
View Y/N No
View None
Building
Story 2
Foundation Raised
Level or Stories Two
Structure Type Stucco
Others
Special Listing Condition Standard