6216 Orange Street, Los Angeles, CA 90048

$1,875,000 Approx. USD 7 beds, 5 baths
4,681 sqft

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

6216 Orange St, a 5 unit apartment building located in Beverly Grove, a prime neighborhood ofLos Angeles, CA. Built in 1926, the property consists of (1) studio + deck unit and (4) two-bedroom + one-bathroom units. The building is 4,681 gross square feet and sits on a 6,250 square foot lot.6216 Orange St sits on a charming, tree-lined street in the heart of the vibrant Beverly Grove neighborhood. The area offers no shortage of things to do, from strolling through the iconic Grove outdoor shopping complex to discovering world-class exhibits at the Los Angeles County Museum of Art(LACMA).Thanks to its central location, Beverly Grove provides easy access to major freeways and public transportation, making it a well-connected hub for exploring the best of Los Angeles.6216 Orange St represents a unique value-add opportunity for investors due to the property's locationand rental upside. The property offers a initial CAP rate of 4.28% with the ability to improve to a 6.13%CAP rate once units turnover.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25527161

Price: $1,875,000

Beds: 7

Baths: 5

Built in 1926

4,681 sqft

0.14 acres

Lot size: 0.1435

County: Los Angeles