The Sterman Multi-Family Group of Marcus & Millichap and Michael Kamara of Lyon Stahl is pleased to present 6216 Orange St, a 5 unit apartment building located in Beverly Grove, a prime neighborhood of Los Angeles, CA. Built in 1926, the property consists of (1) studio + deck unit and (4) two-bedroom + one bathroom units. The building is 4,681 gross square feet and sits on a 6,250 square foot lot.

6216 Orange St sits on a charming, tree-lined street in the heart of the vibrant Beverly Grove neighborhood. The area offers no shortage of things to do, from strolling through the iconic Grove outdoor shopping complex to discovering world-class exhibits at the Los Angeles County Museum of Art (LACMA).

Thanks to its central location, Beverly Grove provides easy access to major freeways and public transportation, making it a well-connected hub for exploring the best of Los Angeles.

6216 Orange St represents a unique value-add opportunity for investors due to the property’s location and rental upside. The property offers a initial CAP rate of 4.28% with the ability to improve to a 6.13% CAP rate once units turnover.

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5 Unit Apartment Building - 1926 Construction

Excellent Beverly Grove Location

WalkScore of 92 out of 100

Close Distance to The Grove and LACMA

1 Block from Wilshire Blvd

Significant Upside in Rents

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