Listing provided courtesy of Miller & Desatnik Realty Co.- MLS# 26653757
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Request Info617 N Orange DrLos Angeles, CA 90036
Multi-Family · 20 Beds · 15,000 Sq. ft. | 0.31 Acres$5,250,000
Active
617 N Orange Dr Overview
- Time on Site:
- 112 days
- Visits:
- 0
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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617 N Orange Dr Facts & Features
- Type Multi-Family
- Sq. ft. 15,000
- Price/Sq.ft. $350
- Lot 0.31 Acres
Details
General
Income/Expenses
- Gross Income: 426653
- Net Operating Income: 235808.00
Building Information
- Year Built: 1964
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Hancock Park-Wilshire
Tax Information
- Tax Assessed Value: 4354307
General Information
- Disclosures: None
- Property Type: Residential Income
- Zoning: LARD1.5
Interior
Beds/Baths
- Bathrooms Total: 20.00
- Bedrooms Total: 20
General Information
- Cooling: Ceiling Fan
- Heating: Wall
- Levels: Multi/Split
- Living Area: 15000
- Living Area Source: Assessor
- Stories: 2
Exterior
Parking Information
- Parking Total: 22
Lot Information
- Lot Size Acres: 0.3071
- Lot Size Area: 13377
- Lot Size Source: Assessor
- Number Of Buildings: 1
General Information
- Number Of Units Total: 20
- Other Structures: None
617 N Orange Dr Neighborhood
Community
90036 (Los Angeles) Demographics
35
Median Age
15,420
Population Density (per sq. mile)
74%
College Educated
$84,315
Estimated Median Income
3,294
Estimated Total Home Owners
15,467
Estimated Total Renters
18% / 82%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.617 N Orange Dr Monthly Cost
617 N Orange Dr Market Data
Based on the last 30 days in this zip code
$2,154,207
Average List Price
$891
Average Price per Square Foot
16
Properties Sold
77
Average Days on Market
206
Properties for Sale
617 N Orange Dr History
| Date | Value | Agent |
|---|---|---|
| 3/9/2026Source: CRMLS | March 09, 2026 |
|
| 3/9/2026Source: TheMLS (CLAW) | March 09, 2026 |