617 North Orange Drive Los Angeles, CA $ 5,250,000
617 North Orange Drive
$ 5,250,000
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617 North Orange Drive

Los Angeles, CA, 90036
$ 5,250,000
Baths0.0 Sq 15,000

Monthly Estimate*

$ 32,325

617 North Orange Drive, Los Angeles, CA 90036 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,250,000. This 15,000 square foot home was built in 1964 on a lot size of 0.31.

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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Multi-Family Active

Price

$ 5,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.31

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026653757

Features
General
Living Area 15000.0
Sewer None
Heating Wall Furnace
Zoning LARD1.5
Year Built 1964
Levels Multi/Split
County Los Angeles
Net Operating Income 235808.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area HPK - Hancock Park
Lot Size Units Square Feet
Lot Size Square Feet 13377.0
Virtual Tour https://drive.google.com/drive/folders/1iYcahOVeVpWkFJ3RO50HewHKqYDhapn0?usp=drive_link
Standard Status Active
Year Built Source Assessor
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Interior
Kitchen Appliances Refrigerator
Total Stories 2
Heating Y/N Yes
Total Baths 0
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Exterior
Lot Size Area 13377.0
Pool Y/N? Yes
Building Area Total 15000.0
Lot Size Acres 0.31
Land Lease Type Fee
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* Excluded Features
List By
David Miller

Listing Agent

Miller & Desatnik Realty Co.

Broker

Affordability Calculator

$32,325
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,325
Monthly Property Taxes
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Monthly Home Insurance
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$5,250,000 Listed Price

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617 North 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 0.31. 617 North Orange Drive is a studio with 0.0 baths and was built in 1964. The property's zip code is 90036 which is in Los Angeles, CA