617 N Orange Drive, Los Angeles, CA 90036

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
617 N Orange Drive,Los Angeles, CA 90036
$5,250,000
  • 20 Beds
  • 20 Baths
  • 15,000 sq. ft.
  • Multi-family
  • Active
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.
MLS#:26653757
Source:CRMLS

Price summary

  • Price:$5,250,000
  • Price per sq. ft.:$350

About this home

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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Home facts

  • Year built:1964
  • Listing ID #:26653757
  • Added:1 day(s) ago
  • Updated:March 09, 2026 at 09:27 PM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:20
  • Kitchen Description:Refrigerator
  • Living area:15,000 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1964
  • Building area:15,000 sq. ft.
  • Lot area:0.31 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$5,250,000
  • Price per sq. ft.:$350

Features and amenities

  • Appliances:Refrigerator
Based on information from California Regional Multiple Listing Service, Inc. as of March 9, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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