617 N Orange Drive, Los Angeles, CA 90036
Local realty services provided by:CENTURY 21 Lois Lauer Realty
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
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:100 day(s) ago
- Updated:June 18, 2026 at 10:32 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:20
- Kitchen Description:Refrigerator
- Living area:15,000 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:15,000 sq. ft.
- Lot area:0.31 Acres
Finances and disclosures
- Price:$5,250,000
- Price per sq. ft.:$350
Parking
- Total parking spaces:22
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