843 N Orange Dr - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$2,550,000 USD
310-922-6124
843 N Orange Dr, Los Angeles, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/9
null | 4.75% Cap Rate

843 N Orange Dr
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • A short walk to LA's B-Line Train
  • Within 1 block of West Hollywood
  • 1 block North of shops and restaurants on Melrose Ave

OVERVIEW

Jake Plewa with Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is pleased to offer for sale 843 N Orange Drive, a 7-unit multifamily investment opportunity located in between West Hollywood and Hollywood, LA Proper. Situated just south of Santa Monica Blvd and east of N La Brea Ave. The property is comprised of 6- 2 bedroom 2 bath units and 1- 3 bedroom 2bath unit, averaging approximately 971 gross square feet each. Majority of all units include stainless-steel appliances, high-quality cabinets, laminated floors and quartz counter tops inside updated windows throughout. This rare offering presents an astute investor with the unique opportunity to acquire a building in one of the most sought after locations in the nation.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

7

PRICE/UNIT

$364,286

CAP RATE

4.75%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7 Large Units steps from Santa Monica Blvd

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,449 SF

ZONING

LAR2

APN/PARCEL ID

5525-006-025

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.