Homes for sale - 6216 Orange ST, Los Angeles, CA 90048

Robert Mitchell

Realtor - Team Lead of The Robert Mitchell Realty Group | License ID: 01338677

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$ 1,625,000

$ 1,875,000 13.3%

Est. payment | -/mo

7 Beds

5 Baths

4,681 SqFt

$ 1,625,000

$ 1,875,000 13.3%

Est. payment | -/mo

7 Beds

5 Baths

4,681 SqFt

Key Details

Sold Price $1,625,000

Property Type Other Types

Listing Status Sold

Purchase Type For Sale

Square Footage 4,681 sqft

Price per Sqft $347

MLS Listing ID 25527161

Sold Date 05/28/25

Bedrooms 7

HOA Y/N No

Year Built 1926

Property Description

6216 Orange St, a 5 unit apartment building located in Beverly Grove, a prime neighborhood ofLos Angeles, CA. Built in 1926, the property consists of (1) studio + deck unit and (4) two-bedroom + one-bathroom units. The building is 4,681 gross square feet and sits on a 6,250 square foot lot.6216 Orange St sits on a charming, tree-lined street in the heart of the vibrant Beverly Grove neighborhood. The area offers no shortage of things to do, from strolling through the iconic Grove outdoor shopping complex to discovering world-class exhibits at the Los Angeles County Museum of Art(LACMA).Thanks to its central location, Beverly Grove provides easy access to major freeways and public transportation, making it a well-connected hub for exploring the best of Los Angeles.6216 Orange St represents a unique value-add opportunity for investors due to the property's locationand rental upside. The property offers a initial CAP rate of 4.28% with the ability to improve to a 6.13%CAP rate once units turnover.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 4

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5510027020

Special Listing Condition Standard

Listed by Michael Kamara Lyon Stahl Investment Real Estate, Inc.
Bought with Michael Sterman Marcus & Millichap

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 250-3442

robert@robertmitchellgroup.com

6216 Orange ST Los Angeles, CA 90048

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Key Details

Location

Interior

Exterior

Building

Others

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6216 Orange ST