6216 Orange St, a 5 unit apartment building located in Beverly Grove, a prime neighborhood ofLos Angeles, CA. Built in 1926, the property consists of (1) studio + deck unit and (4) two-bedroom + one-bathroom units. The building is 4,681 gross square feet and sits on a 6,250 square foot… Read More lot.6216 Orange St sits on a charming, tree-lined street in the heart of the vibrant Beverly Grove neighborhood. The area offers no shortage of things to do, from strolling through the iconic Grove outdoor shopping complex to discovering world-class exhibits at the Los Angeles County Museum of Art(LACMA).Thanks to its central location, Beverly Grove provides easy access to major freeways and public transportation, making it a well-connected hub for exploring the best of Los Angeles.6216 Orange St represents a unique value-add opportunity for investors due to the property's locationand rental upside. The property offers a initial CAP rate of 4.28% with the ability to improve to a 6.13%CAP rate once units turnover. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Michael Kamara 310-425-9838
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
7
Square Ft.
4,681
Lot Size
0.14 Acres
Year Built
1926
MLS Number
25527161
30 Days Snapshot Of 90048
$2.34M
-10%
(avg) sold price
6
-45%
homes sold
84
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1926, Building area total: 4,681, Levels: MultiSplit, Living area: 4681, 1 building
Cooling
None
Heating
None
Income
Gross income: $137,868, Net operating income: $80,160
Lot
0.1435 acres, 6,252 square feet, Size: 6,252
Parking
4 totals parking, Carport
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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