6504 Orange Street, Los Angeles, CA 90048
-
Listed Price :
$1,800,000
-
Beds :
12
-
Baths :
6
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Property Size :
4,200 sqft
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Year Built :
1948
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.
Interior Features
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
6 |
Listing Information
| Address |
6504 Orange Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90048 |
| County |
Los Angeles |
| Listing Agent |
Saadia 'Sam' Liberow DRE #01933858 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$1,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,200 |
| Lot Size |
6,251 |
| Year Built |
1948 |
Listing information courtesy of: Saadia 'Sam' Liberow, Marcus & Millichap. *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.
