6504 Orange Street

Los Angeles, CA 90048

$1,800,000

List Price

12

bed Beds

6

shower Baths

4,200 sqft

straighten / sqft

1948

calendar_month Built

Property Description

This property offers an exceptional value-added investment opportunity, with an estimated 47% upside potential. Current rental rates are significantly below market value, allowing a new owner to renovate and modernize the units to increase their desirability and rental income. With strategic upgrades, the property can attract high-quality tenants and generate impressive returns. Adding to its appeal, this is the first time the property has been on the market in over 30 years, making it a rare opportunity to acquire a well-maintained asset with long-term potential. Passed down through generations, it is now ready for a new owner to reposition it for future growth. Located in the prime Beverly Grove neighborhood, the property offers easy access to world-class shopping, dining, and cultural attractions. Additionally, the property includes ample rear parking with the potential to add an accessory dwelling unit (ADU), subject to buyer verification. This feature enhances the investment appeal by offering an opportunity for additional rental income.

Listing Information

List Price $1,800,000
Status Active
MLS 25495359
Type Residential Income
Year Built 1948
Lot Size 6,251
Structure Size 4,200
Courtesy Of Marcus & Millichap
Listing Agent Saadia 'Sam' Liberow DRE#01933858

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 6

Exterior Information

Other Structures
Features None

Maps

Listing information courtesy of: Saadia 'Sam' Liberow, Marcus & Millichap 818-212-2795. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 5:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.