527 N Orlando Avenue
West Hollywood, CA, 90048
$2,200,000
Beds
0 Baths
SqFt
0.15 Acres
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We are pleased to present 527 N Orlando Ave, a 6 + 1 unit apartment building located in the heart of West Hollywood, a highly desirable area in Los Angeles, California. Built in 1964, the property consists of (4) two-bedroom + two-bathroom units and (2) three-bedroom + two-bathroom units. The building is 8,041 gross square feet and sits on a 6,503 square foot lot. The subject property is located on a charming, tree-lined street, situated in the heart of WestHollywood. Residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops along the renowned Sunset Strip and Santa Monica Blvd. The property is just minutes away from Beverly Hills and Hollywood. This convenient location provides tenants with immediate access to La Cienega Blvd and Santa Monica Blvd further extending the area’s connectivity. 527 N Orlando Ave represents a unique value-add opportunity for investors due to the property’s location and rental upside. The property offers a initial CAP rate of 3.03% with the ability to improve to a 8.91% CAP rate once units turnover.

Property Details

Price:
$2,200,000
MLS #:
25501009
Status:
Active
Baths:
0
Address:
527 N Orlando Avenue
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
West Hollywood
Listed Date:
Feb 17, 2025
State:
CA
ZIP:
90048
Lot Size:
6,503 sqft / 0.15 acres (approx)
Year Built:
1964
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