858-525-5007

617 Orange, Los Angeles CA 90036 | $5,250,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 13377 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1964
  • MLS#: 26653757
  • Community: C18 - Hancock Park-Wilshire

Listing provided courtesy of David Miller of Miller & Desatnik Realty Co.. Last updated 2026-04-19 08:11:29.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.31 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985