Property
Beds
28
Full Baths
None
1/2 Baths
None
Year Built
1962
Sq.Footage
15,010
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.
Features & Amenities
Interior
-
Total Bedrooms
28
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Gated
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.2635
-
Property Type
Residential Income
Price
-
Sales Price
$6,800,000
-
Sq. Footage
15, 010
-
Price/SqFt
$453
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Michael Monempour , Lyon Stahl Investment Real Estate, Inc.
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