6115 Orange Street

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Address: 6115 Orange Street, Los Angeles, California, US
Created date: November 17, 2023
Date last updated: November 17, 2023
  •   Historical Charm: Built in 1929, the property boasts a classic Spanish-style design with hardwood floors that exude character and charm.
  •  Diverse Unit Mix: The unit mix includes one-bedroom, single, and one-bedroom + den apartments, catering to a wide range of tenants, ensuring consistent rental income.
  •  Convenience: The basement includes a washer and dryer, enhancing tenant convenience and potentially increasing property appeal.
  • Mastered Metering: Gas is master-metered, offering a streamlined approach to utility management.
  • Prized Location: The property is situated in a highly desirable neighborhood, surrounded by a wealth of amenities and services.
  • Strong Potential: With its location and unit diversity, 6115 Orange Street presents a promising investment opportunity, whether you’re an experienced investor or new to the real estate market

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: Apartments
Price: $4,200,000
No. of Units: 14
Cap Rate: 3.96%
GRM /GIM: 14.31
Building Size: 9,634 Sq ft
Lot Size: 8,414.00 Sq ft
Opportunity Zone: No
Price per unit: $300,000
Address: 6115 Orange Street, Los Angeles, California, US

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