540 N Orlando Avenue | Los Angeles | State of California | Prices, Plans, Availability

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540 N Orlando Avenue

USD 6,800,000

Property ID: 24466199

540 N Orlando Avenue ,90048

11479 SqFt

Built in 1962

USD 592/SqFt

28 Beds

29 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

15010

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1962

Detailed Introduction Of This Home

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.

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