6504 Orange Street
Los Angeles, CA 90048
- – beds
- – baths
- – sqft
- 6,251 sqft lot
- 1948 build
- – on site
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.
Last checked:
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Last updated Feb 15, 2025
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MLS# 25495359 —
The Building
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Year Built:1948
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:4200.00
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Total Number Of Units:6
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# of Buildings:1
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Foundation:Raised
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Stories Total:2
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Faces:North
Interior
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Levels:Two
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Entry Location:Ground Level w/steps
Location
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Directions:Near cross streets Orange St. & Sweetzer Ave.
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Latitude:34.06478200
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Longitude:-118.37027200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:6251.0000
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Lot Size Acres:0.1435
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Lot Size SqFt:6251.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5510023035
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:5.00
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Garage Spaces:1.00
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Uncovered Spaces:2.00
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Carport Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/7/25
Feb 7, 2025
|
Listed / Active | CRMLS_CA | $1,800,000 |
