4-Unit Multifamily
6500 Orange Street, Los Angeles, CA 90048
For Sale
New
$1,950,000
Los Angeles, CA
Property Size5,408 SF
Lot Size0.14 Acres
Price / SF$360.58
Days on Market2
Property Features for 6500 Orange Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Sync Brokerage, Inc.
(818) 201-2216
Listed By:
Bryan Canchola · License CA #01932632
(818) 437-5240
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# SR26243056
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This four-unit multifamily property contains approximately 5,408 square feet on a 6,252-square-foot lot. Each apartment has two bedrooms and one bathroom, and one unit is to be delivered vacant at closing. Built in 1929, the property has central heating, window or wall/window cooling, and garage parking. Public water and sewer serve the site; zoning is LAR3.
The property is in Los Angeles’ Beverly Grove area, with a Walk Score of 80. Nearby destinations listed include Whole Foods Market, The Grove, Original Farmers Market, LACMA, the Petersen Automotive Museum, Beverly Center, Melrose Avenue, and the El Rey Theatre. Public transportation and the Metro D Line extension are also identified as nearby connections.
The property is in Los Angeles’ Beverly Grove area, with a Walk Score of 80. Nearby destinations listed include Whole Foods Market, The Grove, Original Farmers Market, LACMA, the Petersen Automotive Museum, Beverly Center, Melrose Avenue, and the El Rey Theatre. Public transportation and the Metro D Line extension are also identified as nearby connections.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- Approximately 5,408 sq. ft. of building area on a 6,252 sq. ft. lot
- LAR3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,443
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,888,860
$1.9M
Cap Rate 7%
$1,349,186
$1.3M
Cap Rate 9%
$1,049,367
$1.0M
Market Conditions
NOI Build-Up for 5,408 SF
Gross rent
$146.0K $27.00/SF
− Vacancy
−$11.1K −$2.05/SF
EGI
$134.9K $24.95/SF
− OpEx
−$40.5K −$7.48/SF
NOI
$94.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,888,860
Cap Rate 7%
$1,349,186
Cap Rate 9%
$1,049,367
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,443 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $87,019 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.26M
$1.98M – $2.63M
NOI $158,053 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
8,304
Businesses Nearby
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Business Placement
Demographics for 90048, CA
22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom apartments include one unit scheduled for delivery vacant at closing.
Where is this quadplex located?
The property is located at 6500 Orange Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Approximately 5,408 sq. ft. of building area on a 6,252 sq. ft. lot; LAR3 zoning
