540 ORLANDO AVENUE
17 Units in Prime West Hollywood
Realty Investment Advisors is pleased to introduce for sale 540 N. Orlando, a 17-unit property in the heart of West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (11) two bedroom 2 bath units and (5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entry way, central courtyard, and 18 gated parking spaces offer security and privacy to the affluent renter demographic. Select units have been beautifully remodeled with new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing & electrical fixtures, new appliances, etc. The property size offers immediate scale and a strong foothold in one of the most desirable submarkets.
West Hollywood is known for its thriving entertainment and creative industries. It is home to numerous production companies, talent agencies, music labels, and post-production facilities. The presence of popular venues like the Whisky a Go Go and The Troubadour makes it a significant destination for live music. West Hollywood attracts a substantial number of tourists due to its vibrant nightlife, cultural events, luxury hotels, and upscale shopping districts like the Sunset Strip and Melrose Avenue. The city's proximity to popular tourist attractions such as the Hollywood Walk of Fame and the Beverly Center further contributes to its tourism industry.