Homes for sale - 540 N Orlando AVE, West Hollywood, CA 90048

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Sally Baik

sally@sallybaikrealestate.com +1(818) 572-3417

$ 6,800,000

Est. payment | -/mo

28 Beds

29 Baths

15,010 SqFt

Save

$ 6,800,000

Est. payment | -/mo

Save

28 Beds

29 Baths

15,010 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,010 sqft

Price per Sqft $453

MLS Listing ID 24466199

Bedrooms 28

HOA Y/N No

Year Built 1962

Lot Size 0.263 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Gated

Total Parking Spaces 18

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5528014047

Special Listing Condition Standard

Listed by David Saghian • Kidder Mathews of California, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 572-3417

sally@sallybaikrealestate.com

232 W Olive Ave #20, la Habra, California, 90631, USA

540 N Orlando AVE West Hollywood, CA 90048