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961 Orme Los Angeles, CA $ 4,500,000
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961 Orme
$ 4,500,000
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Recently Listed New Construction
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961 Orme

Los Angeles, CA, 90023
$ 4,500,000
Baths2.0 Sq 9,296

Monthly Estimate*

$ 27,707

Listed by Century 21 A Better Service
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $4,500,000 with 2 full baths. This 9,296 square foot home was built in 1919 on a lot size of 0.1552.

Rare Newly Constructed Triplex in Prime Los Angeles Location! Welcome to 961 Orme Ave., Los Angeles, CA, an exceptional income-producing triplex offering a unique opportunity for investors and owner-operators alike. This newly constructed property features two expansive, high-density units plus a modern ADU, designed for maximum rental potential and long-term value. Unit Breakdown: • Unit 1: 16 bedrooms / 16 bathrooms • Unit 2: 14 bedrooms / 14 bathrooms • ADU: 2 bedrooms / 2 bathrooms Each unit is thoughtfully designed with private bathrooms for every bedroom, making this property ideal for co-living, student housing, transitional housing, or multi-tenant rental strategies. New construction means modern systems, low maintenance, and strong appeal to today’s rental market. Located in the heart of Los Angeles with convenient access to major freeways, employment centers, and public transportation, this property offers strong cash-flow potential and a rare unit mix that is increasingly hard to find. An exceptional opportunity to own a turnkey, high-yield asset in one of LA’s most in-demand rental markets.

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Multi-Family Active

Price

$ 4,500,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1552

Year Built

1919

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26021245

Days on Market

3
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Garage Spaces 1
Pool Features None
Year Built 1919
View Neighborhood
Levels Three Or More
Property Subtype Triplex
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction true
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Next to 60 Freeway
City Los Angeles
Entry Location street
Senior Community Y/N false
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6759
Listing Terms Cash Conventional FHA
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 37
Property Sub Type Additional Triplex
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Interior
Interior Amenities All Bedrooms Up All Bedrooms Down
Fireplace Features None
Total Stories 3
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 1
Lot Size Area 6759
Number of Buildings 3
Spa false
Building Area Total 9296
Lot Size Acres 0.1552
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Century 21 A Better Service

Broker

chris.limon@me.com

Email

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$27,707
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Monthly Principal & Interest
$27,707
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/30/2026$4,500,000 Listed Price

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961 Orme, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $4,500,000 with 9,296 sqft and a lot size of 0.1552. 961 Orme is a studio with 2.0 baths and was built in 1919. The property's zip code is 90023 which is in Los Angeles, CA

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