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540 Orlando Avenue, West Hollywood, CA 90048
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540 Orlando Avenue
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  • MLS#: 24466199 ( )
  • Street Address: 540 Orlando Avenue
  • Viewed: 12
  • Price: $6,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 58
  • Additional Information
  • County: LOS ANGELES
  • City: West Hollywood
  • Zipcode: 90048
  • Provided by: Kidder Mathews of California, Inc.
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Appliances
  1. Dishwasher
  2. Microwave
  3. Refrigerator
Building Area Total
  1. 15010.00
Country
  1. US
Levels
  1. Multi/Split
Netoperatingincome
  1. 352958.00
Parcel Number
  1. 5528014047
Parking Features
  1. Gated
Sourcesystemkey
  1. 24-466199:CLAW
Tenant Pays
  1. Cable TV
Totalexpenses
  1. 160273.00
Views
  1. 12
Year Built
  1. 1962
Year Built Source
  1. Assessor
Zoning
  1. WDR3C*