540 N Orlando Avenue, West Hollywood, CA 90048 (MLS # 24466199)

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PRICE $6,800,000 dsIDX morgage calculator
BEDS 28
BATHS 29
HOME SIZE 15,010 sqft
LOT SIZE 11,479 sqft

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.

DAYS ON MARKET 35 LAST UPDATED 11/22/2024
YEAR BUILT 1962 COMMUNITY West Hollywood Vicinity
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Microwave, Refrigerator
AREA West Hollywood Vicinity
GARAGE Gated
LOT 0.26 acre(s)
LOT DIMENSIONS 100x115
PARKING Gated
STORIES 2
ZONING WDR3C*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Kidder Mathews of California, Inc.

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