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

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    527 Orlando Avenue, West Hollywood, CA 90048
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    527 Orlando Avenue
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    • MLS#: 25501009 ( Multi-Family )
    • Street Address: 527 Orlando Avenue
    • Viewed: 1
    • Price: $2,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 20
    • Additional Information
    • County: LOS ANGELES
    • City: West Hollywood
    • Zipcode: 90048
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: Michael Michael
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      We are pleased to present 527 N Orlando Ave, a 6 + 1 unit apartment building located in the heart of West Hollywood, a highly desirable area in Los Angeles, California. Built in 1964, the property consists of (4) two bedroom + two bathroom units and (2) three bedroom + two bathroom units. The building is 8,041 gross square feet and sits on a 6,503 square foot lot. The subject property is located on a charming, tree lined street, situated in the heart of WestHollywood. Residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops along the renowned Sunset Strip and Santa Monica Blvd. The property is just minutes away from Beverly Hills and Hollywood. This convenient location provides tenants with immediate access to La Cienega Blvd and Santa Monica Blvd further extending the area's connectivity. 527 N Orlando Ave represents a unique value add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 3.03% with the ability to improve to a 8.91% CAP rate once units turnover.
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    Features
    Property Type
    1. Multi-Family
    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