540 N Orlando Avenue

West Hollywood, CA 90048

  • 28 Bed(s)
  • 0 Bath(s)
  • 15,010 Sqft
  • 11479
    Sqft(Lot)
$6,800,000

Description

540 n orlando ave, west hollywood, ca 90048, is a 17-unit multifamily building featuring a mix of one 3-bedroom/2-bath unit,eleven 2-bedroom/2-bath units, and five 1-bedroom/1-bath units. the property offers a beautiful open courtyard space for tenants, 18 gated subterranean parking spaces, on-site laundry, and gated entrance for security. located on a picturesque tree-lined street near melrose place, the building provides easy access to premier dining, shopping, and entertainment options, making it highly desirable for tenants. 3 current vacancies in the property and elgible rental increases due on february 1st. this property presents an excellent value-add investment opportunity, with an estimated 35% upside in rental income, offering significant potential for future growth.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47772958

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Property Details

  • Bedroom Information

    • Total Bedrooms : 28

    Bathroom Information

    • Total Baths: 29
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Microwave,Refrigerator

  • Building Information

    • Year Built: 1962
    • Building Area Total: 15,010

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2635
    • Lot Size Dimensions: 100x115
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 11479

  • Listing Price Information

    • Original List Price: 6,800,000
    • Listing Contract Date: 2024-11-21

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5528014047

  • Garage and Parking

    • Garage Description: Gated

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C10 - West Hollywood Vicinity
    • Directions: South of Melrose, North of Beverly Blvd, East of La Cienega Blvd
    • Zoning: WDR3C*
    • Source Property Type: Residential Income
    • Area: C10 - West Hollywood Vicinity

    Building and Construction

    • Property Age: 62
    • Year Built Source: Assessor
    • Total Square Feet Living: 15010
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 12/22/2024 @ 03:46

  • MLS: 24466199
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 28 bedrooms which is for sale, it has 15,010 sqft, 11,479 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.