Condominium buy in Los Angeles California

This property is being sold with 6517 Orange St. Los Angeles, CA 90048 (DIRECTLY ADJACENT / SHARED DRIVEWAY)**** Circa 1936, this pre-war 4-plex offers charming layouts featuring formal entry, living and dining, and a dedicated laundry room per unit with varying unit upgrades. 3 of 4 units are generously sized one bedroom-one baths. One such unit offers large balcony with storage room. The property also features an enhanced master's unit: 1+office+1.5, with the potential to be delivered vacant - Perfect for an owner-user. The property is well-maintained and offers new landscaping and charming courtyard entry. There is potential to add an ADU @ rear of property. Parking includes 5 official spaces with ample room for more. Zoned Q-LAR3 in TOC Tier 3 but in LA Survey Area. The total lot size is approximately 6,250 SF. APN#: 5510-024-016. Buyer to verify all info. This is a RARE opportunity to acquire two adjacent 4-plex's in prime Beverly Grove (lots together equate to approx: 12,500 SF). Beverly Grove is one of the city's most celebrated & centralized neighborhoods. Acknowledged as one of the most walkable neighborhoods in Los Angeles, there's no shortage of options with immediate proximity to well-known retail destinations, eateries, and entertainment. The area is anchored by the Beverly Center, The Grove, and LACMA - All within a 5-min. drive or 20-min. walk. The property is also within a 10-min. walk to the Wilshire/ La Cienega Metro Station - Slated to open in 2024. Given the current interest rate environment, both 4-plex's allow a potential investor to acquire residential financing for both properties. Additionally, the dual properties allow an investor future exit flexibility. It should also be noted, there's potential to acquire both adjacent properties at opposite ends of 6517 & 6521 Orange St. MLS® ID: SR22164007 Listed: 7/24/22 Updated: 10/14/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Laundry Room, See Remarks Floor Description: Wood Exterior/Building Features Lot Size: 6,250 ft2 lot Lot Details: Level Sewer: Public Sewer Other Property Details Area Name: C19 - Beverly Center-Miracle Mile HOA Amenities: Urban Garage: No Parking: Assigned Parking Total: 4.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 2 Zoning: LAR3 Courtesy of LB Property Management Inc, Matthew Sillaman, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/14/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.