REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$11,380,000
Est. payment /mo
54 Beds
54 Baths
36,012 SqFt
UPDATED:
02/25/2025 08:59 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 36,012 sqft
Price per Sqft $316
MLS Listing ID 24416557
Bedrooms 54
HOA Y/N No
Year Built 1971
Lot Size 0.551 Acres
Property Description
5.01% CAP on current rents with 49% upside! Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. Constructed in 1971 on a 24,008 square foot LAR3 double lot, The Orleans is a three-story, 54-unit multifamily property with a total building area of 36,012 square feet. The controlled-access property with intercom entry offers an elevator, two on-site laundry facilities, and 57 gated subterranean parking. The property is separately metered for electricity, the units are not serviced by gas and there is a central water heater. The Orleans boasts all one-bedroom/one-bathroom units, and offer laminate wood flooring, electric stoves, dishwashers, radiant heat, and wall units for cooling. Select units offer a private balcony.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Radiant
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Dishwasher
Laundry Common Area
Exterior
Parking Features Underground
Pool None
Private Pool No
Building
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5518012036
Special Listing Condition Standard
Read Less Info

Listed by Priscilla Nee • CB Richard Ellis, Inc.
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
Serving Southern California
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
- Home For Sale in Los Angeles County HOT
- Home For Sale in San Diego County HOT
- Home For Sale in San Bernardino County HOT
- Home For Sale in Orange County HOT
- Home For Sale in Riverside County HOT
- Homes For Sale in Los Angeles, CA HOT
- Homes For Sale in Beverly Hills, CA
- Homes For Sale in West Hollywood, CA HOT
- Homes For Sale in Culver City, CA
- Homes For Sale in San Fernando, CA
- Homes For Sale in Burbank, CA
- Homes For Sale in Pasadena, CA
- Homes For Sale in San Diego, CA HOT
- Homes For Sale in Oceanside, CA HOT
- Homes For Sale in Newport Beach, CA
- Homes For Sale in Costa Mesa, CA HOT
- Homes For Sale in Huntington Beach, CA
- Homes For Sale in Anaheim, CA
- Homes For Sale in Riverside, CA HOT
- Homes For Sale in Temecula, CA HOT
- Homes For Sale in Murrieta, CA HOT
- Homes For Sale in Menifee, CA
- Homes For Sale in Moreno Valley, CA
- Homes For Sale in Hemet, CA
- Homes For Sale in San Jacinto, CA
- Homes For Sale in San Bernardino, CA HOT
- Homes For Sale in Big Bear City, CA
- Homes For Sale in Orange, CA HOT
- Homes For Sale in Palm Springs, CA HOT
- Homes For Sale in La Quinta, CA