Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    540 Orlando Avenue, West Hollywood, CA 90048
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    540 Orlando Avenue
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    • MLS#: 24466199 ( )
    • Street Address: 540 Orlando Avenue
    • Viewed: 13
    • Price: $6,800,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1962
    • Bldg sqft: 0
    • Days On Market: 63
    • Additional Information
    • County: LOS ANGELES
    • City: West Hollywood
    • Zipcode: 90048
    • Provided by: Kidder Mathews of California, Inc.
    • Contact: David David
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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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    Features
    Appliances
    1. Dishwasher
    2. Microwave
    3. Refrigerator
    Building Area Total
    1. 15010.00
    Country
    1. US
    Levels
    1. Multi/Split
    Netoperatingincome
    1. 352958.00
    Parcel Number
    1. 5528014047
    Parking Features
    1. Gated
    Sourcesystemkey
    1. 24-466199:CLAW
    Tenant Pays
    1. Cable TV
    Totalexpenses
    1. 160273.00
    Views
    1. 13
    Year Built
    1. 1962
    Year Built Source
    1. Assessor
    Zoning
    1. WDR3C*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836