Description
****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-plexs in prime Beverly Grove (lots together equate to approx: 12,500 SF). Beverly Grove is one of the citys most celebrated & centralized neighborhoods. Acknowledged as one of the most walkable neighborhoods in Los Angeles, theres 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-plexs 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, theres potential to acquire both adjacent properties at opposite ends of 6517 & 6521 Orange St.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
****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-plexs in prime Beverly Grove (lots together equate to approx: 12,500 SF). Beverly Grove is one of the citys most celebrated & centralized neighborhoods. Acknowledged as one of the most walkable neighborhoods in Los Angeles, theres 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-plexs 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, theres potential to acquire both adjacent properties at opposite ends of 6517 & 6521 Orange St.
Based on information from CRISNet MLS as of 2022-08-13T08:56:54.143. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Based on information from the i-Tech MLS as of 2022-08-13T08:56:54.143. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.