6511 Orange Street

Los Angeles, CA 90048

$3,000,000
Price
8
Beds
7
Baths
5,216 Sq. Ft.
$575 / Sq. Ft.
5,216
Sq. Ft.
$575
per Sq. Ft.

Description

Situated in the heart of Beverly Grove, this fourplex enjoys proximity to the finest shopping destinations, gourmet restaurants, trendy coffee shops, and supermarkets. Perfect for an owner/user as the 3 updated units are currently vacant. The property features a well-balanced unit mix, comprising three updated two-bedroom, two-bathroom units and one two-bedroom, one-bathroom unit. Updated units have new AC, plumbing, electrical, windows, kitchen appliances and more. Preliminary plans are in place...Situated in the heart of Beverly Grove, this fourplex enjoys proximity to the finest shopping destinations, gourmet restaurants, trendy coffee shops, and supermarkets. Perfect for an owner/user as the 3 updated units are currently vacant. The property features a well-balanced unit mix, comprising three updated two-bedroom, two-bathroom units and one two-bedroom, one-bathroom unit. Updated units have new AC, plumbing, electrical, windows, kitchen appliances and more. Preliminary plans are in place to add two additional dwelling units (ADUs) to the property without losing parking, further enhancing its income-generating potential. Take advantage of this rare opportunity to increase the property's value and rental income while meeting the growing demand for housing in the area. Don't miss out on this unparalleled opportunity to own a premium fourplex in Beverly Grove with ADU expansion potential.
  1. Listed by Deboura Emanuel • DRE #01367535 • Brokerage DRE #01458187 • Keller Williams Studio City
  2. Listed by Hooman Emanuel • DRE #01200237 • Brokerage DRE #01458187 • Keller Williams Studio City

Property Details for 6511 Orange Street

Zoning
LAR3
Parcel Number
5510024014
Total Units
4.0
Living Area
5216
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
00000
Lot Size Area
6252

Location

Listing Courtesy of Keller Williams Studio City, Deboura Emanuel, DRE #01367535; Keller Williams Studio City, Hooman Emanuel, DRE #01200237
Add your commute
LISTING UPDATED: 04/19/2024 08:57 AM

Property Details for 6511 Orange Street

StatusActive
MLS #24-374853
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.14 AC / 6,252 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Studio City, Deboura Emanuel, DRE #01367535; Keller Williams Studio City, Hooman Emanuel, DRE #01200237
Add your commute

Virtual Tour

Building Information for 6511 Orange Street

Stories2Residences-Year Built1929Building Size-Lot Size0.14 AC / 6,252 SF

Payment Calculator

$16,588 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6511 Orange Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 4
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1435
  • Lot Size Square Feet: 6252
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 4
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Refrigerator, Range/Oven, Dishwasher
Exterior Features
Exterior Features
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-01-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $15,600.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $679,244.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $1,584,905.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $2,264,149.00

Property History for 6511 Orange Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6511 Orange Street

Taxable ValueLand$1,584,905Additions$679,244Total$2,264,149
Tax Record2023$2,594 ($216 / month)
Home Facts
Total Finished SqFt5,216 SqFtAbove Grade Finished SqFt5,216 SqFtLot Size6,250 SqFtStyleQuadraplexYear Built1929ZoningLAR3CountyLOS ANGELESAPN5510-024-014

Schools near 6511 Orange Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Hancock Park Elementary School
PublicK to 5

Our Community Charter School
CharterK to 8

Fairfax Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

6511 Orange Street is a multi-family home for sale in Los Angeles, CA 90048. This property was listed for sale on April 1, 2024 by Keller Williams Studio City, it's currently listed at $3,000,000. It has been on the market for a total of 30 days and was last sold on March 23, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Hancock Park Elementary School, Our Community Charter School and Fairfax Senior High School. 6511 Orange Street is a 8-bed, 7-bath, 5,216 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Studio City, Deboura Emanuel, DRE #01367535; Keller Williams Studio City, Hooman Emanuel, DRE #01200237

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.