6216 Orange St, a 5 unit apartment building located in Beverly Grove, a prime neighborhood ofLos Angeles, CA. Built in 1926, the property consists of (1) studio + deck unit and (4) two-bedroom + one-bathroom units. The building is 4,681 gross square feet and sits on a 6,250 square foot lot.6216 Orange St sits on a charming, tree-lined street in the heart of the vibrant Beverly Grove neighborhood. The area offers no shortage of things to do, from strolling through the iconic Grove outdoor shopping complex to discovering world-class exhibits at the Los Angeles County Museum of Art(LACMA).Thanks to its central location, Beverly Grove provides easy access to major freeways and public transportation, making it a well-connected hub for exploring the best of Los Angeles.6216 Orange St represents a unique value-add opportunity for investors due to the property's locationand rental upside. The property offers a initial CAP rate of 4.28% with the ability to improve to a 6.13%CAP rate once units turnover.
Days on market: 8
Listing updated: April 26, 2025 - 12:54:04
Listed by: Michael Kamara DRE #02062158 310-425-9838, Lyon Stahl Investment Real Estate, Inc. - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X82195 Originating MLS: CRMLS
Make an offer
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-03 06:40:38 PST and /or other sources. 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.
