This Multifamily Property is no longer advertised on LoopNet.com.

628 N Orlando Ave
Los Angeles, CA 90048
NEW PRICE · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 5,275 SF
Average Occupancy 100%
No. Stories 2
Year Built 1962
Parking Ratio 1.89/1,000 SF
Zoning WDR3C* - Multiple Dwelling

Amenities

Site Amenities

  • Laundry Facilities

About 628 N ORLANDO AVE , LOS ANGELES, CA 90048

628 North Orlando Avenue is a 5-unit investment opportunity located in the supply-constrained West Hollywood sub-market. The property features 5,275 square feet of gross rentable area, situated on a 5,756-square foot lot zoned WDR3C. The property consists of two (2) one-bedroom/one-bathroom, one (1) two-bedroom/two-bathroom, and (2) two three-bedroom/two-bathroom units. 628 North Orlando Avenue situated in one of the trendiest locations in Los Angeles, sitting just south of Melrose Avenue, three blocks east of La Cienega Avenue and west of North Kings Road. This prime location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property while being a short commute to major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles. The property offers tenants such close proximity to some of Los Angeles’ finest amenities such as The Beverly Center, The Pacific Design Center, Melrose Avenue, the Sunset Strip, Restaurant Row on La Cienega, the world-renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Trader Joe’s, Whole Foods Market and Bristol Farms. Local dining options include Laurel Hardware, The Hudson, Surly Goat, Baby Blues BBQ, Bar Lubitsch, Salt’s Cure, and more. Due to the property’s premier location and rental upside, Orlando offers a unique opportunity for any investor looking to acquire a trophy asset in the heart of West Hollywood.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $2,650 -
3+2 2 $3,500 -
2+2 1 $3,100 -

Property Taxes

Property Taxes

Parcel Number
5528-016-011
Land Assessment
$967,152
Improvements Assessment
$1,450,730
Total Assessment
$2,417,882
  • Listing ID: 16943276

  • Date on Market: 8/16/2019

  • Last Updated:

  • Address: 628 N Orlando Ave, Los Angeles, CA 90048

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