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6521 Orange Street

Los Angeles, CA 90048
  • $2,525,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: SR22164007
$2,525,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Description

****This property is being sold with 6517 Orange St. Los Angeles, CA 90048 (DIRECTLY ADJACENT / SHARED DRIVEWAY)****Circa 1936, this pre-war 4-plex offers charming layouts featuring formal entry, living and dining, and a dedicated laundry room per unit with varying unit upgrades. 3 of 4 units are generously sized one bedroom-one baths. One such unit offers large balcony with storage room. The property also features an enhanced masters unit: 1+office+1.5, with the potential to be delivered vacant Perfect for an owner-user. The property is well-maintained and offers new landscaping and charming courtyard entry. There is potential to add an ADU @ rear of property. Parking includes 5 official spaces with ample room for more. Zoned Q-LAR3 in TOC Tier 3 but in LA Survey Area. The total lot size is approximately 6,250 SF. APN#: 5510-024-016. 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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Based on information from CRISNet MLS as of 2022-08-09T23:56:09.197. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-09T23:56:09.197. 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.
www.searchhomesincalifornia.com/homes/131267857
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6521 Orange Street Los Angeles, CA 90048

  • Price: $2,525,000
  • Status: Active
  • On Site: 14 Days
  • ID#: SR22164007
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1936
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
****This property is being sold with 6517 Orange St. Los Angeles, CA 90048 (DIRECTLY ADJACENT / SHARED DRIVEWAY)****Circa 1936, this pre-war 4-plex offers charming layouts featuring formal entry, living and dining, and a dedicated laundry room per unit with varying unit upgrades. 3 of 4 units are generously sized one bedroom-one baths. One such unit offers large balcony with storage room. The property also features an enhanced masters unit: 1+office+1.5, with the potential to be delivered vacant Perfect for an owner-user. The property is well-maintained and offers new landscaping and charming courtyard entry. There is potential to add an ADU @ rear of property. Parking includes 5 official spaces with ample room for more. Zoned Q-LAR3 in TOC Tier 3 but in LA Survey Area. The total lot size is approximately 6,250 SF. APN#: 5510-024-016. 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.
Exterior Features

Levels Two Lot Features Level Lot Size Area 6250.0000 Parking Features Assigned Parking Total 4.00 Parking YN Yes Uncovered Spaces 4.00

Interior Features

Common Walls No Common Walls Flooring Wood Laundry Features Individual RoomSee Remarks Laundry YN Yes

Property Features

Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Urban Land Lease YN No New Construction YN No Pool Features None Pool Private YN No Property Attached YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Lar3

Listing provided courtesy of Matthew Sillaman, CA DRE# 01925847, of Lb Property Management Inc.


Based on information from CRISNet MLS as of 2022-08-09T23:56:09.197. 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.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2022-08-09T23:56:09.197. 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.
 
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