540 North Orlando Avenue
$6,890,000
28
29
15,010
15,010
$459
Description
We are pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath units and(5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entry way, central courtyard, and 18 gated parking spaces offer security and privacy to...We are pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath units and(5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entry way, central courtyard, and 18 gated parking spaces offer security and privacy to the affluent renter demographic. Select units have been beautifully remodeled with new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing & electrical fixtures, new appliances, etc. The property size offers immediate scale and a strong foothold in one of the most desirable submarkets.
- Listed by Benjamin Lalezari • DRE #01987941 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
- Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
Property Details for 540 North Orlando Avenue
Zoning
WDR3C*
Parcel Number5528014047
Total Units17.0
Living Area15010
Source Living AreaVendor Enhanced
AreaWest Hollywood Vicinity (C10)
Vacancy Rate0
Lot Size Area11479
LISTING UPDATED: 09/16/2024 10:46 AM
Property Details for 540 North Orlando Avenue
Status | Active |
---|---|
MLS # | 24-439117 |
Days on Market | 4 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.26 AC / 11,479 SF |
County | Los Angeles County |
Building Information for 540 North Orlando Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.26 AC / 11,479 SF
Property Information for 540 North Orlando Avenue
Property History for 540 North Orlando Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 540 North Orlando Avenue
Taxable ValueLand$602,690Additions$1,134,955Total$1,737,645
Tax Record2023$24,737 ($2,061 / month)
Home Facts
Total Finished SqFt15,010 SqFtAbove Grade Finished SqFt15,010 SqFtLot Size11,476 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningWDR3C*CountyLOS ANGELESAPN5528-014-047
Schools near 540 North Orlando Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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