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.
Sold for $1,700,000 on 04/11/25
$1,700,000
6504 Orange St, Los Angeles, CA 90048
12beds
6baths
4,200sqft
Multi Family
Built in 1948
-- sqft lot
$1,673,000 Zestimate®
$405/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 11, 2025 at 09:01am
Listed by:
Saadia 'Sam' Liberow DRE # 01933858 718-406-3128,
Marcus & Millichap 818-212-2700
Bought with:
Dana Brody, DRE # 01429001
Dana Brody
Source: CLAW,MLS#: 25495359
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Wall
Cooling
- Window Unit(s)
Appliances
- Laundry: Laundry Area
Interior area
- Total structure area: 4,200
- Total interior livable area: 4,200 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Is Detached, Covered
- Has garage: Yes
Features
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,250 sqft
Details
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1948
Community & neighborhood
Location
- Region: Los Angeles
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Estimated market value
$1,673,000