6504 Orange St
Los Angeles, CA 90048
This property offers an exceptional value-added investment opportunity, with an estimated 47% upside potential.
Sales Price $1,700,000
Beds
12
Baths
6
Home Size
4200 Sq. Ft.
Lot Size
6251 Sq. Ft.
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.
Quick Facts
- 18 days on market
- Built in 1948
- Total parking spaces 5Car
- Garage Is Detached, Electric Vehicle Charging Station(s), Covered Parking
- Community | Beverly Center-Miracle Mile
- MLS# | 25495359
Features
- Window Unit(s) Cooling
- Wall Heat
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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