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Two-Story 20-Unit Apartment Building
New
For Sale
$4,150,000

900 Orange Grove Ave, Los Angeles, CA 90036

Corner-lot multifamily property with varied unit layouts, a swimming pool, laundry facilities, and controlled-access entry.

Property Size14,556 SF
Lot Size0.28 Acres
Days on Market2

Property Features for 900 Orange Grove Ave

General Information

Standard status Active
Size 14,556 SF
Lot size 0.28 Acres
Property subtype Multifamily
Occupancy 98%

Financials

Asking Price $4,150,000
Cap Rate 5.32%

Additional Details

Utilities to Site Yes
Multifamily Units 20

Amenities

swimming pool
on-site laundry
gated parking
exterior parking
controlled-access entry
intercom system
1st Time to be sold in over 38 Years!
New Water Heater 2025, Newer Pool Pump
Property Offers Swimming Pool, On Site Laundry & Parking For Tenant

Building Details

Building Size 14,556 SF
Year Built 1957
Buildings 1
Stories 2
Units 20
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Tony Azzi · License #License(s): CA: 00910513
Source: Marcusmillichap
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 8:23AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This two-story apartment property contains 20 units with a mix of studios, one-bedroom residences, and two-bedroom residences averaging approximately 728 square feet. The building occupies a 12,296-square-foot corner lot and includes a swimming pool, on-site laundry, gated and exterior parking, and controlled entry with an intercom system. Gas and electric service are separately metered.

Constructed in 1957, the property has remained under the same ownership for nearly four decades. Recent capital items include a new water heater installed in 2025 and a newer pool pump. The unit mix and shared amenities provide a defined multifamily configuration, while the combination of parking and secured access adds practical operating features for the existing apartment use.

Key Highlights

  • 20‑unit apartment building on a 12,296‑square‑foot corner lot
  • Mix of studio, one‑bedroom, and two‑bedroom units averaging approximately 728 square feet
  • Two‑story property built in 1957

Property Analytics

Current Use

Stephan Bassil Architects ... Architecture Firm Katherine Petroka, RD ... Physician Robert Ferrone Photography Service

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Food Market Supermarket Pet Grooming Service 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

20
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,943
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

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 - Corner-lot multifamily property with varied unit layouts, a swimming pool, laundry facilities, and controlled-access entry.
Where is this apartment building located?
The property is located at 900 Orange Grove Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: 20‑unit apartment building on a 12,296‑square‑foot corner lot; Mix of studio, one‑bedroom, and two‑bedroom units averaging approximately 728 square feet; Two‑story property built in 1957
More about this property
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