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Five-Unit Multifamily Property
New
For Sale
$1,700,000

1642 S Orange Grove Ave, Los Angeles, CA 90036

Multifamily asset with consistent two-bedroom, one-bath layouts and updated parking-area improvements.

Property Size4,352 SF
Price / SF$390.63
Days on Market5

Property Features for 1642 S Orange Grove Ave

General Information

Standard status Active
Size 4,352 SF
Property subtype Residential Income
Listing Agency: Carolwood Estates
Listed By: Nathan Bishop · License #01924217
Source: Exprealty
Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 12:42PM

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 Carolwood Estates

Investment Insights

Based on property information with market context.

This 5-unit multifamily property in Los Angeles contains 4,352 square feet, with each residence configured as a two-bedroom, one-bath unit. Interiors include wood and tile flooring, natural-light-filled bedrooms, storage areas, appliance-equipped kitchens with cabinet space, and bathrooms with additional storage.

Recent work has been completed on the parking area and its retrofitting structure. The property is located at 1642 S Orange Grove Ave, near shopping, dining, entertainment, and everyday services including Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, and Planet Fitness. Interior access is available with an accepted offer.

Key Highlights

  • 5‑unit multifamily property with 4,352 square feet
  • Each unit offers 2 bedrooms and 1 bathroom
  • Kitchens include appliances and ample cabinet space

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Garden Center Tanning Salon Tattoo & Piercing Shop

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

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby

Demographics for 90036, CA

39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 asset with consistent two-bedroom, one-bath layouts and updated parking-area improvements.
Where is this apartment building located?
The property is located at 1642 S Orange Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 5‑unit multifamily property with 4,352 square feet; Each unit offers 2 bedrooms and 1 bathroom; Kitchens include appliances and ample cabinet space
More about this property
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