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6440 Orange St, Los Angeles, CA 90048
$3,150,000
6440 Orange St, Los Angeles, CA 90048View this property at 6440 Orange St, Los Angeles, CA 90048
6440 Orange StLos AngelesCA90048
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Property Description
6440 is a great property located in a Prime Miracle Mile location. The 1930's Art Deco style bldg has been attentively family owned and managed for 20years. The 16 studio apartments were remodeled "down to the studs" over the past 15 years. 100% occupied. 95% interior remodel completed as vacancy is rare for these highly sought after rental apartments. Entire exterior building has been sanded, re-plastered and painted. New landscaping. Original Art Deco tile front entrance and original brass mailboxes in entry. Master metered utilities are paid by landlord. Rent control allows 5% annual rent increase (3% + 1% gas + 1% electric.) Current rents have not been increased to the maximum by family ownership. No current vacancies. Inside with accepted offer only.
Full Property Details
Full Property Details for 6440 Orange St
General
- Sold For: $3,150,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 15-821391
- Added to Site: 3, 387 day(s) ago
Interior
- Appliances: Garbage Disposal
- Flooring: Hardwood, Laminated
Rooms
Other Rooms
- Laundry: Community, Community
Parking
- Parking Type: On street
Location
- Area: Beverly Center-Miracle Mile (C19)
- County: Los Angeles
- Development Name: Beverly Center-Miracle Mile (C19)
- Driving Directions: North of Wilshire between La Cienega and Crescent Heights. Near LACMA
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Heater
Structural Information
- # Buildings: 1
- Architectural Style: Art Deco
- Windows: Double Pane Windows
- Windows/Doors: Double Pane Windows,
- Square Feet: 9,124
- Year Built: 1932
Unit Information
- Units w/Refrigerators: 16
- Units w/Range/Oven: 16
- Units w/Dishwashers: 16
- Units w/Disposals: 16
- Units w/Cooling: 16
Unit 5
- Total Bathrooms: 1
Unit 6
- Total Bathrooms: 1
Unit 7
- Total Bathrooms: 1
Unit 8
- Total Bathrooms: 1
Unit 9
- Total Bathrooms: 1
Unit 10
- Total Bathrooms: 1
Lot Features
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $323.32
Disclosures and Reports
- Legal Disclosures: Take Property As Is , Rent Control
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Schools
Schools serving 6440 Orange St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
408 S Fairfax Ave, Los Angeles, CA 90036 | K-5 | 0.6 mi | |
600 S McCadden Pl, Los Angeles, CA 90005 | 6-8 | 1.9 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6440 Orange St
Date
Details
Price
Change
Source
3/19/2015
Sold
$3,150,000
6.78%
MLS
1/16/2015
Listed
$2,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6440 Orange St, Los Angeles, CA 90048 (MLS# 15-821391) is a Multi-Family property that was sold at $3,150,000 on March 19, 2015. Want to learn more about 6440 Orange St? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.