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.
Additional Features
- Multi/Split
- Parking spaces: 18.00
- Listing Status: Active
- Listing Agent: David Saghian
(lic# 01992252)
of Beverly Hills/Greater LA
- Listing Office: Kidder Mathews of California, Inc.
(lic# 01946490)
- CO-Listing Agent: Michael Monempour
(lic# 01996829)
of Beverly Hills/Greater LA
- CO-Listing Office: Lyon Stahl Investment Real Estate, Inc.
(lic# 01972083)
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Based on information from CRISNet MLS as of 26th December 2024 at 4:06am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
