Joe Cloninger

Partner, Sales/Marketing | License ID: 01954784

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$ 1,640,000

$ 1,749,000 6.2%

Est. payment | -/mo

6 Beds

6 Baths

4,106 SqFt

$ 1,640,000

$ 1,749,000 6.2%

Est. payment | -/mo

6 Beds

6 Baths

4,106 SqFt

Key Details

Sold Price $1,640,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,106 sqft

Price per Sqft $399

MLS Listing ID 26831079

Sold Date 07/22/26

Style Other

Bedrooms 6

Year Built 1936

Lot Size 6,252 Sqft

Acres 0.1435

Property Sub-Type Multi-Family

Property Description

This charming 1930s triplex at 6361 Orange Street offers a rare blend of historic character and prime location in the heart of Mid-Wilshire, just off Wilshire Boulevard and Crescent Heights. This well-preserved building retains its original architectural charm, featuring beautiful hardwood floors, classic detailing like coved ceilings and arched doorways, elegant fireplaces in living areas, spacious room layouts, and abundant natural light throughout the interiors. Each of the three units is a generous two-story townhome-style residence with approximately 1,369 sq ft (total building 4,106 sq ft), including 2 bedrooms and 1.5 baths, plus in-unit private laundry machines for added convenience. The property features a serene, open central courtyard shielded from the street by tall, lush green hedging for enhanced privacy. Additional highlights include a usable backyard space, and parking for up to 6 vehicles: two separate 2-car garages plus room for another 2 cars side-by-side in the driveway without obstructing access. One unit will be delivered vacant with a projected market rent of $4,500/month. Ideal for an owner-user seeking to offset housing costs with income from the other two occupied units ($3,500 and $2,615/month). This setup provides immediate cash flow while preserving long-term upside. Zoned LAR3 with TOC Tier 3 incentives, the property presents significant development potential, including ADU opportunities. Base R3 zoning allows roughly 1 unit per 800 sq ft of lot area (approx. 6,250 sq ft lot supports ~7-8 units by right); TOC Tier 3 can provide up to a 70% density bonus (potentially 12+ units) and increased FAR, subject to specific project design and approvalsperfect for investors eyeing redevelopment or expansion. Steps from iconic Miracle Mile sites like LACMA, the Petersen Automotive Museum, La Brea Tar Pits, The Grove, and the vibrant Sunset Strip/West Hollywood corridor, with easy access just outside Beverly Hills. This location combines timeless appeal with unbeatable walkability and proximity to cultural, dining, and entertainment hubs!

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Wall Unit(s)

Flooring Wood

Equipment Dishwasher, Freezer, Refrigerator, Washer, Dryer, Range/Oven, Hood Fan

Laundry In Unit

Exterior

Parking Features Garage - 4+ Car, Driveway - Concrete

Garage Spaces 6.0

Pool None

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Story 2

Foundation Raised

Sewer In Street

Water Meter on Property

Architectural Style Other

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard

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Listed by Power Brokers
Bought with Carolwood Estates