540 N Orlando Avenue
West Hollywood, CA 90048
Active for $6,890,000
Beds: 28 Baths: 29 Structure Size: 15,010 sqft Lot Size: 11,479 sqft
MLS | 24439117 |
Year Built | 1962 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $6,890,000 |
Structure Size | 15,010 sqft |
Lot Size | 11,479 sqft |
Beds | 28 |
Baths | 29 |
Description
We are pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath units and(5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entry way, central courtyard, and 18 gated parking spaces offer security and privacy to the affluent renter demographic. Select units have been beautifully remodeled with new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing & electrical fixtures, new appliances, etc. The property size offers immediate scale and a strong foothold in one of the most desirable submarkets.
Listing information courtesy of: Benjamin Lalezari, Realty Investment Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.