Description
We are pleased to present 527 n orlando ave, a 6 + 1 unit apartment building located in the heart of west hollywood, a highly desirable area in los angeles, california. built in 1964, the property consists of (4) two-bedroom + two-bathroom units and (2) three-bedroom + two-bathroom units. the building is 8,041 gross square feet and sits on a 6,503 square foot lot. the subject property is located on a charming, tree-lined street, situated in the heart of westhollywood. residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops along the renowned sunset strip and santa monica blvd. the property is just minutes away from beverly hills and hollywood. this convenient location provides tenants with immediate access to la cienega blvd and santa monica blvd further extending the area's connectivity. 527 n orlando ave represents a unique value-add opportunity for investors due to the property's location and rental upside. the property offers a initial cap rate of 3.03% with the ability to improve to a 8.91% cap rate once units turnover.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48674393
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 14
Bathroom Information
- Total Baths: 13
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 8,041
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1493
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6503
-
Listing Information
Listing Price Information
- Original List Price: 2,200,000
- Listing Contract Date: 2025-02-17
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5528018021
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Underground
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C10 - West Hollywood Vicinity
- Directions: South of Melrose on Orlando Ave.
- Zoning: WDR3C*
- Source Property Type: Residential Income
- Area: C10 - West Hollywood Vicinity
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 8041
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 02/22/2025 @ 15:27
- MLS: 25501009
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 14 bedrooms which is for sale, it has 8,041 sqft, 6,503 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90048, this Los Angeles County Home are nearby neighborhoods.