Active
540 N Orlando Ave
West Hollywood CA, 90048
$6,800,000
$453.03 per sqft
Active
28 Beds
29 Baths
15,010 sqft
Multi-family
Built in 1962
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.
24-466199
MLSⓇ ID
November 22, 2024
Listed
November 29, 2024
Updated
Map
540 N Orlando Ave
West Hollywood CA, 90048
Interior Features
Total Stories
2
Bedrooms
28
Total Bathrooms
29
Appliances
Dishwasher, Microwave, Refrigerator, Range/Oven
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall Electric
Exterior/Building Features
Lot Size
0.26 Acres
Other Property Details
Area Name
West Hollywood Vicinity
Days on Market
8
Garage
No
Parking
Gated
Parking Total
18
View
No
County
Los Angeles
Pool
No
Zoning
WDR3C*
Listed by David Saghian with Kidder Mathews of California, Inc.
Listing Contact: 818-231-5540
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor John Giddins shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/29/2024
