617 N Orange Drive Los Angeles, CA ^$ 5,250,000

617 N Orange Drive

^$ 5,250,000

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Recently Listed

617 N Orange Drive

Los Angeles, CA, 90036

^$ 5,250,000

Bedrooms20 Baths20.0 Sq 15,000

Monthly Estimate*

^$ 32,325

Listed by Miller & Desatnik Realty Co.

617 N Orange Drive, Los Angeles, CA 90036 - Image 1

617 N Orange Drive, Los Angeles, CA 90036 - Image 2

617 N Orange Drive, Los Angeles, CA 90036 - Image 3

617 N Orange Drive, Los Angeles, CA 90036 - Image 4

617 N Orange Drive, Los Angeles, CA 90036 - Image 5

617 N Orange Drive, Los Angeles, CA 90036 - Image 6

617 N Orange Drive, Los Angeles, CA 90036 - Image 7

617 N Orange Drive, Los Angeles, CA 90036 - Image 8

617 N Orange Drive, Los Angeles, CA 90036 - Image 9

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Multi-Family Home for sale in Los Angeles, CA

for $5,250,000 with 20 bedrooms and 20 full baths. This 15,000 square foot home was built in 1964 on a lot size of 0.3071.

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.

Multi-Family Active

Price

^$ 5,250,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3071

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26653757

Days on Market

Features

General

Living Area 15000

Heating Wall Furnace

Appliances Refrigerator

Zoning LARD1.5

Year Built 1964

Levels Multi/Split

Gross Income 426653

County Los Angeles

Net Operating Income 235808

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions North of Beverly South of Melrose between La Brea & Highland

City Los Angeles

Senior Community Y/N false

Number Of Units Total 20

MLS Area C18 - Hancock Park-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 13377

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

Standard Status Active

Year Built Source Assessor

Cap Rate 4.49

Interior

Total Stories 2

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 20

Total Baths 20

Exterior

Parking Features None

Total Parking 22

Lot Size Area 13377

Number of Buildings 1

Building Area Total 15000

Lot Size Acres 0.3071

Lot Size Source Assessor

* Excluded Features

List By

Miller & Desatnik Realty Co.

Broker

davemiller@mdrealtycorp.com

Affordability Calculator

$32,325

Per Month

Monthly Principal & Interest: $32,325
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,853,629

Percent of Sale Price 65%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
3/9/2026	$5,250,000		Listed Price

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617 N Orange Drive, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $5,250,000 with 15,000 sqft and a lot size of 0.3071. 617 N Orange Drive has 20 bedrooms, 20.0 baths, and was built in 1964. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/11/2026. 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. 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, 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.

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617 N Orange Drive

Multi-Family Home for sale in Los Angeles, CA

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