Kay Kyung Park & Deboura Emanuel Sell Multifamily Asset In Los Angeles For $2.85M

6511 Orange Street in Beverly Grove, Los Angeles, has been sold for $2,850,000. The property is a well-appointed fourplex with updated units and potential for additional dwelling units (ADUs). Situated near upscale shopping, dining, and amenities, this property offers a prime location for investment, promising increased rental income and property value growth.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,850,000
• Address: 6511 Orange Street
• Market: Los Angeles
• Units: 4
• Price Per Unit: $712,500
• Square Footage: 5,216
• Price Per Square Foot: $546

Kay Kyung Park of Dream Realty & Investments Inc represented the buyer in the transaction, while the seller was represented by Deboura Emanuel & Hooman Emanuel of Keller WilliamsStudio City. The deal on 6511 Orange Street highlights the collaboration between these experienced real estate professionals, showcasing their expertise in facilitating successful property transactions.