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Renovated 7-Unit Apartment Building
For Sale
$2,200,000

1217 S Orange Grove Ave, Los Angeles, CA 90019

Multifamily property with varied unit layouts, shared laundry, rear parking, and completed soft-story seismic retrofit.

Property Size5,983 SF
Lot Size0.16 Acres
Price / SF$367.71
Days on Market80

Property Features for 1217 S Orange Grove Ave

General Information

Standard status Active
Size 5,983 SF
Lot size 0.16 Acres
Property subtype MULTI_FAMILY
Zoning LAR3

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/2BA, 1 x 2BR/1BA, 3 x 1BR/1BA, 1 x bachelor
Multifamily Units 7

Amenities

on-site laundry
LED accent lighting

Building Details

Building Size 5,983 SF
Year Built 1959
Buildings 1
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Derrick Vartanian · License #01816119
Source: Benbelack
Added: May 18 Changed: Aug 4 Last Checked: Aug 5 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 7-unit apartment property contains approximately 5,983 square feet of living area on a 7,115-square-foot LAR3-zoned lot. The unit mix includes two 2-bedroom/2-bathroom units, one 2-bedroom/1-bathroom unit, three 1-bedroom/1-bathroom units, and one bachelor unit. Four units—#1, #2, #5, and #7—have been fully renovated with upgraded flooring, modernized kitchens, quartz countertops, refreshed bathrooms, and new interior paint. Units #3 and #4 have received partial renovations. The building was constructed in 1959 and has completed its soft-story seismic retrofit.

Gas and electricity are separately metered, while water is master metered. Additional property features include an on-site shared laundry facility, rear parking, street parking, and LED accent lighting. The property is located on S Orange Grove Avenue in Los Angeles’ Mid-City submarket, on a residential street described as quiet and well maintained.

Key Highlights

  • 7‑unit apartment property with approximately 5,983 SF of living area
  • 7,115‑square‑foot LAR3‑zoned lot
  • Unit mix includes 2 two‑bedroom/two‑bath units, 1 two‑bedroom/one‑bath unit, 3 one‑bedroom/one‑bath units, and 1 bachelor unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Pet Grooming Service Bar & Pub Food Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,955
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with varied unit layouts, shared laundry, rear parking, and completed soft-story seismic retrofit.
Where is this apartment building located?
The property is located at 1217 S Orange Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 7‑unit apartment property with approximately 5,983 SF of living area; 7,115‑square‑foot LAR3‑zoned lot; Unit mix includes 2 two‑bedroom/two‑bath units, 1 two‑bedroom/one‑bath unit, 3 one‑bedroom/one‑bath units, and 1 bachelor unit
More about this property
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