617 N Orange DR, Los Angeles, CA 90036
617 N Orange DR, Los Angeles, CA 90036
617 N Orange DR, Los Angeles, CA 90036
9
See all 9 photos
$5,250,000
Est. payment /mo
20 Beds
20 Baths
15,000 SqFt
Active

617 N Orange DR Los Angeles, CA 90036

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $350

MLS Listing ID 26653757

Bedrooms 20

HOA Y/N No

Year Built 1964

Lot Size 0.307 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Total Parking Spaces 22

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5525018024

Special Listing Condition Standard

Virtual Tour https://drive.google.com/drive/folders/1iYcahOVeVpWkFJ3RO50HewHKqYDhapn0?usp=drive_link


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Listed by David Miller Miller & Desatnik Realty Co. #02105346

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Hailey Potok

Hailey Potok

REALTOR® | License ID: 02024094

+1(714) 878-0877

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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Affiliated real estate agents are independent contractor sales associates, not employees. ©2026 Coldwell Banker. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. 

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617 N Orange DR