6500 Orange Street, Los Angeles, CA 90048
Local realty services provided by:ERA North Orange County Real Estate
6500 Orange Street,Los Angeles, CA 90048
$1,950,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: bryan canchola
Office: sync brokerage, inc.
MLS#:SR26243056
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,950,000
About this home
**PRIME BEVERLY GROVE FOUR-UNIT INVESTMENT OPPORTUNITY | $1,950,000** Rare opportunity to acquire a four-unit multifamily investment in the highly desirable Beverly Grove neighborhood of Los Angeles. Situated on a 6,252 sq. ft. lot, this property features approximately 5,408 sq. ft. of building area with four spacious 2-bedroom, 1-bathroom units. The property currently generates $8,350 in monthly rental income, with one unit to be delivered vacant at close of escrow, offering an immediate opportunity to establish market rent and enhance cash flow. The vacant unit is projected to achieve approximately $3,295 per month, bringing potential stabilized gross rental income to approximately $11,645 monthly or $139,740 annually. Based on projected income and estimated annual operating expenses of $36,757, the property offers an estimated stabilized NOI of $102,983 and an approximate 5.28% cap rate at the asking price. The property's LAR3 zoning also provides an opportunity to explore additional development potential, including possible ADU opportunities, subject to zoning, city approvals and feasibility. Ideally positioned in the heart of Beverly Grove, the property boasts a Walk Score of 80 and convenient access to Whole Foods Market, The Grove, Original Farmers Market, LACMA, Petersen Automotive Museum, Beverly Center, Melrose Avenue and the El Rey Theatre. The location also offers proximity to public transportation and the Metro D Line (Purple Line) extension, providing future connectivity between the Westside and Downtown Los Angeles. Combining an established rental portfolio,...
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Home facts
- Listing ID #:SR26243056
- Added:1 day(s) ago
- Updated:November 13, 2026 at 12:59 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,950,000
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