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6427 Orange Street

Los Angeles (City), CA 90048
  • $2,399,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • ID#: 21103221
Under Contract
$2,399,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1936
County:

School Ratings & Info

Listing Agent: Deborah Weiss of Keller Williams-Santa Monica


Description

Welcome to 6427 W Orange St. A beautiful French Normandy building in a prime Beverly Hills Adjacent/Beverly Grove location. Located north of Wilshire Blvd. and just east of La Cienega Blvd, this triplex is walking distance to Beverly Hills, Beverly Center, Cedar Sinai, LACMA, The Grove, and Farmers Market. The building has 3 townhome style units, two which will be delivered completely vacant. The vacant owner's unit is a three story unit with a 3rd floor which runs the length of the building and offers about an additional 1,000 square feet of additional liveable area. View the 3D MATTERPORT TOUR of the owner's unit under virtual tour tab. The two other units are two-level 2 bedroom and 1.5 baths, one to be delivered vacant and the other with a tenant paying $2,440. Each unit has its own laundry hookup. Situated on a large R3-zoned lot in a TOC area, the property may have long term development potential. In addition, It is blocks from the first phase of the Purple Line going west, scheduled to start at Wilshire and La Cienega by 2024. The three-car detached garage can be converted into 2 additional ADUs. This area and building has incredible upside potential. Annual expenses: Water & Electric $3,250, Insurance $1529, Gas $660, and Trash is paid by the tenants. Current rents: unit 1 $2444/mo, other two units delivered vacant. You share the gardener with the adjacent building and the annual expense is $1,200. The building has 4,032 permitted square feet of living space and about an additional 1,000 square feet of living space in the vacant owner's unit with a 3rd floor which runs the length of the entire building!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123150072
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6427 Orange Street Los Angeles (City), CA 90048

  • Price: $2,399,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • ID#: 21103221
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1936
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Welcome to 6427 W Orange St. A beautiful French Normandy building in a prime Beverly Hills Adjacent/Beverly Grove location. Located north of Wilshire Blvd. and just east of La Cienega Blvd, this triplex is walking distance to Beverly Hills, Beverly Center, Cedar Sinai, LACMA, The Grove, and Farmers Market. The building has 3 townhome style units, two which will be delivered completely vacant. The vacant owner's unit is a three story unit with a 3rd floor which runs the length of the building and offers about an additional 1,000 square feet of additional liveable area. View the 3D MATTERPORT TOUR of the owner's unit under virtual tour tab. The two other units are two-level 2 bedroom and 1.5 baths, one to be delivered vacant and the other with a tenant paying $2,440. Each unit has its own laundry hookup. Situated on a large R3-zoned lot in a TOC area, the property may have long term development potential. In addition, It is blocks from the first phase of the Purple Line going west, scheduled to start at Wilshire and La Cienega by 2024. The three-car detached garage can be converted into 2 additional ADUs. This area and building has incredible upside potential. Annual expenses: Water & Electric $3,250, Insurance $1529, Gas $660, and Trash is paid by the tenants. Current rents: unit 1 $2444/mo, other two units delivered vacant. You share the gardener with the adjacent building and the annual expense is $1,200. The building has 4,032 permitted square feet of living space and about an additional 1,000 square feet of living space in the vacant owner's unit with a 3rd floor which runs the length of the entire building!
Exterior Features

Parking Features DrivewayCommunity Structure Parking Total 5 View Courtyard View YN Yes

Interior Features

Cooling None Cooling YN No Heating Natural Gas Heating YN Yes

Property Features

Association Fee 0 Garage YN Yes Gross Income 0 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. 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 | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Deborah Weiss of Keller Williams-Santa Monica