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$5,250,000
New Listing
617 N Orange DriveLos Angeles, CA 90036
For Sale|Residential Income|Active
20
Beds
20
Total Baths
15,000
SqFt
$350
/SqFt
1964
Built
County:
Los Angeles
Listed by David Miller of Miller & Desatnik Realty Co. [email protected]
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Monthly Payment (Est.)
$23,953Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
20-unit Los Angeles multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.7%, a 12.31 GRM and 4.49% cap rate, equating to approximately $262,500 per unit and $350 per square foot. Comprised entirely of one-bedroom, one-bath units, the asset is well positioned in a supply-constrained rental submarket with consistent demand. Built in 1964, the property provides operational scale and value-add potential through interior renovations. Favorable assumable financing enhances cash flow and reduces acquisition financing risk.
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Listing Snapshot
Price
$5,250,000
Days On Site
0 Days
Bedrooms
20
Inside Area (SqFt)
15,000 sqft
Total Baths
20
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3071 Acres
Year Built
1964
MLS® Number
26653757
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 5 hours ago | Listing updated with changes from the MLS® | |
| 12 hours ago | Listing first seen on site |
General Features
Acres
0.3071
Levels
Multi/Split
Number Of Stories
2
Parking
None
Parking Spaces
22
Special Circumstances
Standard
SqFt Total
15000
Zoning
LARD1.5
Interior Features
Appliances
Refrigerator
Heating
Wall Furnace
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Community Features
MLS Area
C18 - Hancock Park-Wilshire
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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