Los Angeles, CA 90048,6420 Orange Street
Los Angeles, CA 90048,6420 Orange Street
Los Angeles, CA 90048,6420 Orange Street
4
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$1,700,000
Est. payment /mo
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6 Beds
4,687 SqFt
Pending

6420 Orange Street Los Angeles, CA 90048

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 4,687 sqft

Price per Sqft $362

MLS Listing ID CL25598853

Bedrooms 6

HOA Y/N No

Year Built 1937

Lot Size 6,420 Sqft

Acres 0.15

Property Sub-Type OTHER

Property Description

We are excited to bring to the market 6420 Orange Street which presents an exceptional opportunity for a boutique luxury value-add investor to acquire a character-style building with strong fundamentals. Built in 1937, the property features expansive floorplans that align perfectly with its renter base and prime location. Situated just one block from the intersection of San Vicente and Wilshire Boulevards, 6420 Orange Street offers residents a quiet, neighborhood feel while maintaining an urban lifestyle. The property sits on a ~6,250-square-foot lot and consists of a two-story, garden-style walk-up totaling ~4,687 square feet, with a two garage carport totaling 4 spaces at the rear. The desirable unit mix includes two (2) one-bedroom/one-bathroom units and two (2) two-bedroom/two-bathroom units, appealing to a wide renter demographic. As units turn over, a strategic investor can capture an estimated 18% loss-to-lease by implementing high-end finishes that meet the demands of today's Beverly Grove renter. Given its location, architectural character, value-add potential, and the rarity of similar offerings, 6420 Orange Street represents a unique opportunity to establish a boutique luxury community in one of Los Angeles' most coveted rental submarkets.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5510023043


Bridge MLS
Listed by Elliot Hassan • NorthMarq Realty Services, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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6420 Orange Street