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540 N Orlando Avenue

West Hollywood, CA 90048

– beds
– baths
– sqft
11,479 sqft lot
1962 build
– on site

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.

Listed By CRMLS_CA / David Saghian / Kidder Mathews of California, Inc.

Last checked: Checking… • Last updated Nov 22, 2024 •

MLS# 24466199 —

The Building

Year Built:

1962
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

15010.00
# of Buildings:

1
Total Number Of Units:

17
Stories Total:

2

Interior

Levels:

Multi/Split

Location

Directions:

South of Melrose, North of Beverly Blvd, East of La Cienega Blvd
Latitude:

34.08139200
Longitude:

-118.37286400

The Property

Property Type:

Residential Income
Zoning:

WDR3C*
Lot Size Area:

11479.0000
Lot Size Dimensions:

100x115
Lot Size Acres:

0.2635
Lot Size SqFt:

11479.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5528014047

Appliances

Appliances:

Dishwasher, Microwave, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Gated
Parking Spaces:

18.00

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Sale history

Date	Event	Source	Price
11/22/24 Nov 22, 2024	Listed / Active	CRMLS_CA	$6,800,000
9/16/24 Sep 16, 2024	Listed / Active	CRMLS_CA
8/23/24 Aug 23, 2024	Price Changed	CRMLS_CA

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This multifamily located in Central LA, West Hollywood, CA 90048 is currently for sale for $6,800,000. 540 N Orlando Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 540 N Orlando Avenue is in the Central LA neighborhood of West Hollywood. This multifamily is in the attendance area of Rosewood Avenue Elementary School, Fairfax Senior High School, and Hubert Howe Bancroft Middle School.

Listing Courtesy of: CRMLS_CA and Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 14:06 on Nov 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.