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540 N Orlando Ave
Los Angeles, CA 90048

Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • AAA+ Prime West Hollywood Location - Situated in one of the Most Trendiest Neighborhoods in Los Angeles
  • Excellent Unit Mix consisting of One - 3BR/2BA Unit, Eleven - 2BR/2BA Units, and Six 1BR/1BA Units
  • 3 Units Being Delivered Vacant at the close of Escrow
  • 93 Walk Score!- Walkers Paradise, property is in close to proximity to an array of Fine Dining Shopping & Entertainment Options
  • Subtarannean Gated Parking consisting of 18 Parking Spaces!
  • Rare Opportunity for an Investor to acquire a Value Add Opportunity with +35% Upside in Rents in an Ultra Prime Neighborhood

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.26 AC
Building Size 15,010 SF
Average Occupancy 82%
No. Stories 2
Year Built 1962
Parking Ratio 1.2/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Eat-in Kitchen
  • Dining Room
  • Family Room

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Walking/Biking Trails
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 $1,911 750
2+2 11 $2,468 1,200
3+2 1 $4,143 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5528-014-047
Land Assessment
$602,690
Improvements Assessment
$1,134,955
Total Assessment
$1,737,645

ZONING

Zoning Code WDR3C (Commercial)
WDR3C (Commercial)
  • Listing ID: 33953136

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 540 N Orlando Ave, Los Angeles, CA 90048

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