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6511 Orange St, Los Angeles, CA 90048
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6511 Orange St Los Angeles, CA 90048

$3,000,000
  • 8 Beds
  • 7 Baths
  • 5,216 Sq.Ft.
For Sale
$3,000,000 Get Pre-Qualified
Map preview of 6511 Orange St, Los Angeles, CA 90048

Property Overview: 6511 Orange St Los Angeles, CA has 8 bedrooms, 7 bathrooms, 5,216 living square feet and 6,252 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Situated in the heart of Beverly Grove, this fourplex enjoys proximity to the finest shopping destinations, gourmet restaurants, trendy coffee shops, and supermarkets. Perfect for an owner/user as the 3 updated units are currently vacant. The property features a well-balanced unit mix, comprising three updated two-bedroom, two-bathroom units and one two-bedroom, one-bathroom unit. Updated units have new AC, plumbing, electrical, windows, kitchen appliances and more. Preliminary plans are in place to add two additional dwelling units (ADUs) to the property without losing parking, further enhancing its income-generating potential. Take advantage of this rare opportunity to increase the property's value and rental income while meeting the growing demand for housing in the area. Don't miss out on this unparalleled opportunity to own a premium fourplex in Beverly Grove with ADU expansion potential.

Listed by Deboura Emanuel | BRE #01367535 | Keller Williams Studio City
Co-listed by Hooman Emanuel | BRE #01200237 | Keller Williams Studio City
Last checked: 14 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 29
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Home details

Lot Sq. Ft
6,252
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24374853
City
Los Angeles
County
Los Angeles
Time on Site
33 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $15,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6511 Orange St

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Property Details for 6511 Orange St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
Property Information
  • Total # of Units: 4
  • Parcel Number: 5510024014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of San Vicente - North of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 6511 Orange St

Last sold for $2,128,000 on March 23rd, 2023

  • May, 2024

  • May 2, 2024

    Date

    Canceled

    CRMLS: 24379575

    $4,855

    Price

  • Apr 12, 2024

    Date

    Active

    CRMLS: 24379575

    $4,855

    Price

  • Listing provided courtesy of CRMLS

    *STUNNING 2 BED 2 BATH WITH WASHER/DRYER IN UNIT & PARKING - AVAILABLE NOW!**Welcome home!West Hollywood boasts a vibrant array of attractions. From the upscale shopping and dining experience at The Grove and Beverly Center to the cultural immersion at the Los Angeles County Museum of Art (LACMA) and the natural history exploration at the La Brea Tar Pits and Museum, there's something for everyone. For automotive enthusiasts, the Petersen Automotive Museum offers a fascinating journey through the history of cars. Melrose Avenue is a must-visit for its trendy shops, cafes, and street art, while the Sunset Strip beckons with its lively nightlife, live music venues, and comedy clubs. Additionally, the area is home to the renowned Cedars-Sinai Medical Center, adding depth to its diverse offerings.FEATURESAir ConditioningCable ReadyHandrailsHeatingHigh Speed Internet AccessIntercomSmoke FreeTub/ShowerWasher/DryerWi-FiLIVING SPACESDining RoomFamily RoomHardwood FloorsOfficeTile FloorsViewsWalk-In ClosetsWindow CoveringsPARKINGParking IncludedOUTDOOR SPACESBalconyKITCHENDishwasherDisposalEat-in KitchenFreezerIce MakerKitchenOvenRangeRefrigeratorStainless Steel AppliancesSECURITYSecurity SystemPLEASE NOTE:$4855 LIST PRICE IS BASED OFF OF $5300 DUE MONTHLY WITH 1 MONTH RENT FREE ON A 12 MONTH LEASE (OAC). DEPOSIT $5300Please note: Photos may not be of exact apartment home available*Square footage when listed or from inquiry, is approximate*Pricing is subject to change without notice*Pricing can vary between similar apartments for many reasons*Features may vary between similar apartments*Renter to verify all information, including availability*Rental Policy may change without notice*Price breaks are extended to all Applicants, no matter what may have been previously advertised*We adhere to all Fair Housing guidelines and all housing laws

  • April, 2024

  • Apr 1, 2024

    Date

    Active

    CRMLS: 24374853

    $3,130,000

    Price

  • March, 2023

  • Mar 23, 2023

    Date

    Sold

    CRMLS: 22218357

    $2,128,000

    Price

  • Nov 15, 2022

    Date

    Active

    CRMLS: 22218357

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    All offers must be NON-CONTINGENT and on the California Association of Realtors (CAR) from with Probate Addendum. We are pleased to present the opportunity to acquire 6511 Orange Street, a four-unit multifamily investment opportunity located in the supply constrained city of Los Angeles, CA. Probate Sale - Subject to Court Confirmation.

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Tax History for 6511 Orange St

Assessed Value (2020): $2,153,917
Year Land Value Improved Value Assessed Value
2020 $1,507,742 $646,175 $2,153,917

Home Value Compared to the Market

This property vs the competition

6511 Orange St is listed 144.9% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $575.15 per/sqft which puts the price per square foot 25.69% lower than the median price per square foot for the city of Los Angeles.

About 6511 Orange St

Detailed summary of property

6511 Orange St is a multi family located in Los Angeles, CA 90048 and is currently for sale. This multi family property offers 8 bedrooms, 7 bathrooms, roughly 5,216 living square feet, and sits on an approximately 6,252 square foot lot. 6511 Orange St was first listed on ArdentRealEstateGroup.com on April 1, 2024. The homeowner is currently asking $3,000,000 and was originally asking $3,130,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 144.9% higher than the median priced home. Local competing homes currently for sale include 648 N Hayworth Ave, 220 S Poinsettia Pl and 1366 S Burnside Ave. While the average home in Los Angeles, CA is selling in 96 days, 6511 Orange St has a days on market of 29 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 6511 Orange St Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6511 Orange St

Public county record property details
Beds
8
Baths
4
Year built
1929
Sq. Ft.
5,216
Lot Size
6,250
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5510-024-014

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,695,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
125
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

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Recently Sold Homes Near 6511 Orange St

6439 Orange St, Los Angeles, CA 90048
$2,975,000 Last Sold Price
1 Beds
12 Baths
7376 Sq.Ft.
6439 Orange St
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6431 Orange St, Los Angeles, CA 90048
$2,299,100 Last Sold Price
12 Beds
12 Baths
4032 Sq.Ft.
6431 Orange St
Los Angeles, CA 90048
6427 Orange St, Los Angeles, CA 90048
$2,360,000 Last Sold Price
15 Beds
12 Baths
4032 Sq.Ft.
6427 Orange St
Los Angeles, CA 90048
6420 Orange St, Los Angeles, CA 90048
$2,200,000 Last Sold Price
6 Beds
4 Baths
4687 Sq.Ft.
6420 Orange St
Los Angeles, CA 90048

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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