6504 Orange Street
Los Angeles, CA, 90048
$1,800,000
Beds
0 Baths
SqFt
0.14 Acres
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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.

Property Details

Price:
$1,800,000
MLS #:
25495359
Status:
Pending
Baths:
0
Address:
6504 Orange Street
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Feb 7, 2025
State:
CA
ZIP:
90048
Lot Size:
6,251 sqft / 0.14 acres (approx)
Year Built:
1948
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Exterior

Foundation Details
Raised
Garage Spaces
1.00
Parking Features
Covered
Parking Spots
5.00
Pool Features
None
Spa Features
None
Stories Total
2
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Gas, Electricity, Cable T V

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6504 Orange Street
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