Los Angeles, CA 90048,6420 Orange St
Los Angeles, CA 90048,6420 Orange St
Los Angeles, CA 90048,6420 Orange St
Los Angeles, CA 90048,6420 Orange St
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$ 1,700,000
Est. payment | /mo

6 Beds

4 Baths

4,687 SqFt


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$ 1,700,000
Est. payment | /mo
Save

6 Beds

4 Baths

4,687 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,687 sqft

Price per Sqft $362

MLS Listing ID 25598853

Bedrooms 6

Year Built 1937

Lot Size 6,420 Sqft

Acres 0.1435

Property Sub-Type Multi-Family

Property Description

We are excited to bring to the market 6420 Orange Street which presents an exceptional opportunity for a boutique luxury value-add investor to acquire a character-style building with strong fundamentals. Built in 1937, the property features expansive floorplans that align perfectly with its renter base and prime location. Situated just one block from the intersection of San Vicente and Wilshire Boulevards, 6420 Orange Street offers residents a quiet, neighborhood feel while maintaining an urban lifestyle. The property sits on a ~6,250-square-foot lot and consists of a two-story, garden-style walk-up totaling ~4,687 square feet, with a two garage carport totaling 4 spaces at the rear. The desirable unit mix includes two (2) one-bedroom/one-bathroom units and two (2) two-bedroom/two-bathroom units, appealing to a wide renter demographic. As units turn over, a strategic investor can capture an estimated 18% loss-to-lease by implementing high-end finishes that meet the demands of today's Beverly Grove renter. Given its location, architectural character, value-add potential, and the rarity of similar offerings, 6420 Orange Street represents a unique opportunity to establish a boutique luxury community in one of Los Angeles' most coveted rental submarkets.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features Carport

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by NorthMarq Realty Services, Inc.
Ronnie Leon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 802-7777

ronnieleon@kw.com

2350 E State Road 60, Valrico, FL, 33594, USA

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6420 Orange St