6504 Orange Street, Los Angeles, CA 90048

About this property

This property offers an exceptional value-added investment opportunity, with an estimated 47% upside potential. Current rental rates are significantly below market value, allowing a new owner to renovate and modernize the units to increase their desirability and rental income. With strategic upgrades, the property can attract high-quality tenants and generate impressive returns. Adding to its appeal, this is the first time the property has been on the market in over 30 years, making it a rare opportunity to acquire a well-maintained asset with long-term potential. Passed down through generations, it is now ready for a new owner to reposition it for future growth. Located in the prime Beverly Grove neighborhood, the property offers easy access to world-class shopping, dining, and cultural attractions. Additionally, the property includes ample rear parking with the potential to add an accessory dwelling unit (ADU), subject to buyer verification. This feature enhances the investment appeal by offering an opportunity for additional rental income.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold April 2025 · listed $1,800,000, on market February 2025 · MLS #25495359 · Source: CRMLS

Listing Agent: Saadia 'Sam' Liberow · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Dana Brody · Dana Brody

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