Description
Welcome to 6431 Orange St. A beautiful French Normandy building in a prime Beverly Hills Adjacent/Beverly Grove location. Located north of Wilshire Blvd. and just east of La Cienega Blvd, this triplex is walking distance to Beverly Hills, Beverly Center, Cedar Sinai, LACMA, The Grove, and Farmers Market. The building has 3 townhome style units, all currently tenant occupied. The three units are two-level 2 bedroom and 1.5 baths. Each unit has its own laundry. Situated on a large R3-zoned lot in a TOC area, the property may have long term development potential. In addition, It is blocks from the first phase of the Purple Line going west, scheduled to start at Wilshire and La Cienega by 2024. The three-car detached garage possible conversion into 2 additional ADUs. This area and building has incredible upside potential. Annual expenses: Water & Electric $3,250, Insurance $1529, Gas $660, and Trash is paid by the tenants. Gardener expense is 600 annually.
