20-Unit Multifamily Income
617 N Orange Drive Los Angeles, CA 90036
617 N Orange Drive, Los Angeles, CA, 90036
$5,250,000
For Sale
$5,250,000
Built in 1964, the 20-unit building offers all one-bedroom, one-bath apartments and interest-only assumable financing.
Property Size15,000 SF
Price / SF$350
Days on Market217
Property Features for 617 N Orange Drive
General Information
- Standard status
- Active
- Size
- 15,000 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1964
Listing agency
Miller & Desatnik Realty Co.
Listed by
David Miller
(714) 497-3550
Source
Sevengables
Added: Dec 17, 2025 Updated: Jul 21 at 11:11PM Checked: Jul 22 at 6:38AM
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 Miller & Desatnik Realty Co.
Investment Insights
Based on property information with market context.
This 20-unit multifamily property was built in 1964 and consists entirely of one-bedroom, one-bath units. The offering includes an interest-only assumable financing component through December 2030, and the seller cites a 12.31 GRM and a 4.49% cap rate in the provided materials. The property is also described as offering value-add opportunities through interior renovations.
Located at 617 N Orange Drive in Los Angeles, California, the asset is presented as an income-producing residential investment with in-place rental performance.
With operational scale provided by the 20-unit configuration, the property is positioned for buyers looking for a turnkey multifamily setup alongside the stated renovation upside.
Located at 617 N Orange Drive in Los Angeles, California, the asset is presented as an income-producing residential investment with in-place rental performance.
With operational scale provided by the 20-unit configuration, the property is positioned for buyers looking for a turnkey multifamily setup alongside the stated renovation upside.
Key Highlights
- 20‑unit Los Angeles multifamily property built in 1964
- All units are 1‑bedroom, 1‑bath apartments
- Interest‑only assumable financing through December 2030 at a 2.69% interest rate
Property Analytics
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FAQs
What type of property is this?
Apartment building - Built in 1964, the 20-unit building offers all one-bedroom, one-bath apartments and interest-only assumable financing.
Where is this apartment building located?
The property is located at 617 N Orange Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 20‑unit Los Angeles multifamily property built in 1964; All units are 1‑bedroom, 1‑bath apartments; Interest‑only assumable financing through December 2030 at a 2.69% interest rate
