540 N Orlando Avenue, West Hollywood CA, 90048

Active

540 N Orlando Avenue

West Hollywood CA, 90048

$6,800,000

$453.03 per sqft

Active

28 Beds

29 Baths

15,010 sqft

Residential

Built in 1962

Listed by David Saghian with Kidder Mathews of California, Inc. 818-231-5540

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.

24466199

MLSⓇ ID

November 21, 2024

Listed

December 5, 2024

Updated

Map

540 N Orlando Avenue
West Hollywood CA, 90048

Interior Features

Total Stories: 2
Bedrooms: 28
Total Bathrooms: 29
Appliances: Dishwasher, Microwave, Refrigerator
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.26 Acres

Other Property Details

Area Name: C10 - West Hollywood Vicinity
Days on Market: 13
Garage: No
Parking: Gated
Parking Total: 18
View: No
County: Los Angeles
Pool: No
Zoning: WDR3C*

Listing Contact: 858-369-3010

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 1:18 PM UTC