6527 Orange Street

    Los Angeles (City), CA 90048
    • $2,250,000
    • STATUS: Active
    • ON SITE: 112 days
    • ID#: 17285536
    Price Reduced
    UPDATED: 36 min ago
    $2,250,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,232
      SQFT
    • $532
      $/SQFT
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    New on market, an excellent opportunity for the astute investor in the dynamically developing San Vicente/Wilshire area, future home of Caruso Affiliate's 333 La Cienega and the Steinberg designed condo/retail towers at La Jolla and Crescent Heights. Near the coming redesigned 25 meter pools at the library park on San Vicente. The gateway between Beverly Hills and Hollywood. Great city access with improving transpo possibilities with Metro's Wilshire/La Cienega stop.Classic mid-20s building with 4 2+1 units having characterful details such as arched pass-ways, wood floors and crown moldings. Off street parking with four car garage plus additional paved pad space. This one won't last! A great opportunity to own a unique investment property with potential upside in one of the most desirable locations in the City.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T23:28:18.233. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.californiarealtyexperts.com/homes/78366968

    6527 Orange Street Los Angeles (City), CA 90048

    • Price: $2,250,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 17285536
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,232
    SQFT
    $532
    $/SQFT
    1926
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    New on market, an excellent opportunity for the astute investor in the dynamically developing San Vicente/Wilshire area, future home of Caruso Affiliate's 333 La Cienega and the Steinberg designed condo/retail towers at La Jolla and Crescent Heights. Near the coming redesigned 25 meter pools at the library park on San Vicente. The gateway between Beverly Hills and Hollywood. Great city access with improving transpo possibilities with Metro's Wilshire/La Cienega stop.Classic mid-20s building with 4 2+1 units having characterful details such as arched pass-ways, wood floors and crown moldings. Off street parking with four car garage plus additional paved pad space. This one won't last! A great opportunity to own a unique investment property with potential upside in one of the most desirable locations in the City.
    Exterior Features

    Direction Faces South Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Cooling None Cooling YN No Laundry Features See Remarks

    Property Features

    Cap Rate 2.90 Gross Multiplier 25.00 Gross Operating Income 94433.00 Improvements Amount 438672 Land Value 1154406 Laundry YN Yes Net Operating Income 69061.00 Special Listing Conditions Standard Total Expenses 25373.00 Zoning Lar3

    Listing provided courtesy of Brian Ades of Sotheby's International Realty and Stephen Eshelman of Sotheby's International Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-20T23:28:18.233. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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