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    6427 Orange Street

    Los Angeles (City), CA 90048
    • $3,599,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: SB20146789
    $3,599,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,064
      SQFT
    • $446
      $/SQFT
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Take a virtual tour of one of the units: https://my.matterport.com/show/?m=JwY41mtzRsUVintage, side by side buildings in an amazing location. Addresses are 6427 and 6431 Orange St, two separate parcels, each with 3 units, can be financed separately allowing for long-term favorable financing. Beverly Center, Farmer's Market, The Grove, museums and Beverly Hills shopping are all close by.Easy to rent units, 2 bedrooms, 1.5 bath townhouse style units with their own laundry hook ups. View the virtual tour of one of the units. Located in Transit Oriented Zoning area which may allow high density development. Wilshire Blvd. subway stop will be just a few blocks away. This is a neighborhood that could see rapid transformation when the subway extension is complete. Annual expenses: Electric $638, Trash $5782, Gardener $4380, Insurance $3690, Water $2276. Current rents: unit 1 $2444/mo, unit 2 $2317/mo, unit 3 will be vacant at close of escrow, unit 4 $2092/mo, unit 5 $2704/month, unit 6 $2461/month.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T00:27:24.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/108213859
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    6427 Orange Street Los Angeles (City), CA 90048

    • Price: $3,599,000
    • Status: Active
    • ID#: SB20146789
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    8,064
    SQFT
    $446
    $/SQFT
    1936
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    Take a virtual tour of one of the units: https://my.matterport.com/show/?m=JwY41mtzRsUVintage, side by side buildings in an amazing location. Addresses are 6427 and 6431 Orange St, two separate parcels, each with 3 units, can be financed separately allowing for long-term favorable financing. Beverly Center, Farmer's Market, The Grove, museums and Beverly Hills shopping are all close by.Easy to rent units, 2 bedrooms, 1.5 bath townhouse style units with their own laundry hook ups. View the virtual tour of one of the units. Located in Transit Oriented Zoning area which may allow high density development. Wilshire Blvd. subway stop will be just a few blocks away. This is a neighborhood that could see rapid transformation when the subway extension is complete. Annual expenses: Electric $638, Trash $5782, Gardener $4380, Insurance $3690, Water $2276. Current rents: unit 1 $2444/mo, unit 2 $2317/mo, unit 3 will be vacant at close of escrow, unit 4 $2092/mo, unit 5 $2704/month, unit 6 $2461/month.
    Exterior Features

    Garage Spaces 4.00 Lot Features Sprinkler SystemSprinklers Timer Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Uncovered Spaces 1.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1350 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Wood Heating GravityNatural Gas Heating YN Yes Interior Features Copper Plumbing Full Laundry Features Gas Dryer HookupIndividual RoomWasher Hookup Levels Two Room Type All Bedrooms Up

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street LightsSuburban Country Us Current Financing None Electric Expense 638.00 Elevation Units Feet Gardener Expense 4380.00 Gross Income 177216.00 Gross Operating Income 177216.00 Gross Scheduled Income 177216.00 Insurance Expense 2500.00 Land Lease YN No Laundry YN Yes Net Operating Income 111652.00 New Construction YN No New Taxes Expense 49988.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Number Wall AC 3 Operating Expense 65564.00 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 14768.00 Total Expenses 65564.00 Trash Expense 5782.00 Water Sewer Expense 2276.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Dennis Hartley of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-28T00:27:24.043. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003