540 N Orlando Ave, West Hollywood, CA 90048, is a 17-unit multifamily building featuring a mix of one 3-bedroom/2-bath unit,eleven 2-bedroom/2-bath units, and five 1-bedroom/1-bath units. The property offers a beautiful open courtyard space for tenants, 18 gated subterranean parking spaces, on-site laundry, and gated entrance for security. Located on a picturesque tree-lined street near Melrose Place, the building provides easy access to premier dining, shopping, and entertainment options, making it highly desirable for tenants. 3 current vacancies in the property and elgible rental increases due on February 1st. This property presents an excellent value-add investment opportunity, with an estimated 35% upside in rental income, offering significant potential for future growth.
Sold for $6,525,000
$6,525,000
540 N Orlando Ave, Los Angeles, CA 90048
28beds
29baths
15,010sqft
Multi Family
Built in 1962
-- sqft lot
$6,342,200 Zestimate®
$435/sqft
$2,775 Estimated rent
Home value
$6,342,200
$5.71M - $7.10M
$2,775/mo
Zestimate® history
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Open courtyard spaceGated entrance for securityOn-site laundryGated subterranean parking spaces
Zillow last checked:
Listing updated:
Listed by:
Michael Monempour DRE # 01996829 310-270-8423,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Bought with:
Michael Monempour, DRE # 01996829
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 24-466199
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 29
Heating
- Wall Electric
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Range/Oven
Interior area
- Total structure area: 15,010
- Total interior livable area: 15,010 sqft
Property
Parking
- Total spaces: 18
- Parking features: Gated
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 0.26 Acres
- Dimensions: 100 x 115
Details
- Additional structures: None
- Zoning: WDR3C*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1962
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $435/sqft
- Tax assessed value: $1,703,574
- Date on market: 1/29/2025
- Total actual rent: 44092
- Tenant pays: Cable TV
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2025 | Sold | $6,525,000-4%$435/sqft |
Source:  CLAW #24-466199 Report a problem | ||
| 11/22/2024 | Listed for sale | $6,800,000-1.3%$453/sqft |
Source: CLAW #24-466199 Report a problem | ||
| 10/15/2024 | Listing removed | $6,890,000$459/sqft |
Source: CLAW #24-439117 Report a problem | ||
| 9/16/2024 | Listed for sale | $6,890,000-0.9%$459/sqft |
Source: CLAW #24-439117 Report a problem | ||
| 8/26/2024 | Listing removed | $6,950,000$463/sqft |
Source: CLAW #24-408589 Report a problem | ||
| 8/24/2024 | Price change | $6,950,000-4.1%$463/sqft |
Source: CLAW #24-408589 Report a problem | ||
| 7/24/2024 | Price change | $7,250,000-3.3%$483/sqft |
Source: CLAW #24-408589 Report a problem | ||
| 6/26/2024 | Listed for sale | $7,500,000-3.8%$500/sqft |
Source: CLAW #24-408589 Report a problem | ||
| 4/2/2024 | Listing removed | -- |
Source: CLAW #24-353785 Report a problem | ||
| 2/1/2024 | Listed for sale | $7,800,000$520/sqft |
Source: CLAW #24-353785 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90048
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Rosewood Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Hubert Howe Bancroft Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$6,342,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,342,200
- California
- Los Angeles County
- West Hollywood
- 90048
- 540 N Orlando Ave
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