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120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
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120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
120 N Orlando Avenue
Sold

120 N Orlando Avenue

120 N Orlando Avenue, Los Angeles, CA 90048

$2,150,000
REDUCED! Triplex with Development Potential in Beverly Grove! Trophy-location with an ideal unit mix of all 2-bedroom units and approximately 26% upside in rents, potential to add ADU(s) at the rear of the property either in place of, or above, the freestanding garages. The property is zoned LAR3 and designated TOC Tier 2 allowing for up to 13 units in a redevelopment (buyer to verify). Located in the neighborhood of Beverly Grove, this site is central to an extensive list of amenities, attractions, and other popular Los Angeles neighborhoods like West Hollywood, Century City, and Beverly Hills. Its ideal location, walkability, and easy access to public transport make this a highly sought-after neighborhood for renters. There are a dense number of commercial retail spaces, multifamily properties, single family homes, schools, museums, and plenty more that keep this area vibrant and busy. Beverly Grove has continued to thrive in recent years, still known as a premier shopping destination, home to the most notable restaurants, and close to world famous streets like Melrose and Fairfax. Close to the most trendy shops, restaurants, and only a short drive to surrounding employment hubs makes this a magnet for young professionals looking for a fun and centralized neighborhood. Many residents work in the entertainment industry due to its proximity to major film studios, which gives this area an art-focused personality. Many art galleries line the streets of Melrose, some high-end and some catering to the thrift-focused demographic of this area. Trendy second hand purchasing thrives here, thanks to the many famous thrift stores and popular markets like Melrose Trading Post Flea Market where locals and tourists enjoy endless vendors. For those without a shopping interest, popular restaurants like Joan's on Third, The Little Door, NORMS, The Nice Guy, The Ivy, and much more are just blocks away.

6
beds

4
baths

3,988 Sq.Ft. LIVING AREA

6,377 Sq.Ft. lot

Nina Bokaei

Nina Bokaei

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4

Area & Lot

  • Status Sold
  • Living Area3,988 Sq.Ft.
  • Lot Area6,377 Sq.Ft.
  • MLS® ID23330975
  • TypeResidential
  • YEAR BUILT1937

Exterior

  • STORIES2
  • Garage Space5.0
  • AIR CONDITIONINGCentral Air

Financial

  • Sales Price$2,150,000
  • Zoning LAR3

Southern California Luxury Home Specialists

Specializing in investment opportunities and luxury properties all throughout Southern California and the companies main goal is to assist sellers and buyers in marketing and purchasing real estate properties for the right price under the best terms!

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