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6366 Orange St
Los Angeles, CA 90048
Multifamily Property For Sale
·
4 Units


Investment Highlights
- Large Scaled Units
- Original Historical Details
- Full Copper Re-Pipe
- Walk Score of 80
- All-New Period Correct Windows & French Doors
- Estimated 23% Rental Upside
Executive Summary
Proudly standing tall for nearly 100 years in the highly acclaimed Beverly Grove neighborhood, this pedigree Italian Renaissance-style fourplex is both a testament and a love letter to early Los Angeles architecture. Designed by Architect Horatio Bishop, most notable as a leading pioneer architect of Cathay Circle, the property boasts a commanding yet romantic curb appeal that is further enhanced by its idyllic positioning on a tree-lined street, full of character-rich historic properties. Available for the first time in decades, the current stewards of the property have undergone a meticulous, multi-year restoration, striking the impeccable balance of original historical charm and modern amenities that today’s tenants desire. Upon arrival, an elegant entry displays period-correct terracotta & hand-painted tiles, original lights, historic doors, and rod iron details throughout. Comprising four generously sized two-bedroom, one-bathroom units, each offers charming kitchens, Art Deco bathrooms, hardwood floors, and stunning casement windows with alluring features such as in-unit washer/dryer hookups and patios or balconies. Other capital improvements include a copper re-pipe and newer interior & exterior paint. Boasting a walk-score of 80, tenants of the community will enjoy nearby amenities such as Whole Foods, The Grove, LACMA, The Peterson Museum, Beverly Center, and & The El Rey Theater. The location also offers close proximity to public transportation, including the future Metro Purple Line Extension, which will provide access to both the West Side and Downtown Los Angeles (DTLA). The offering at 6366 Orange Street is a legacy transfer decades in the making.
Property Facts
| Price Per Unit | $786,416 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 3.31% | Building Size | 5,684 SF |
| Gross Rent Multiplier | 18.76 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $786,416 CAD |
| Sale Type | Investment |
| Cap Rate | 3.31% |
| Gross Rent Multiplier | 18.76 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,684 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1929 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | LAR3 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,871 CAD | 1,421 |
Property Taxes
| Parcel Number | 5510-028-016 | Improvements Assessment | $114,298 CAD |
| Land Assessment | $127,707 CAD | Total Assessment | $242,005 CAD |
Property Taxes
Parcel Number
5510-028-016
Land Assessment
$127,707 CAD
Improvements Assessment
$114,298 CAD
Total Assessment
$242,005 CAD
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