Two-Story 20-Unit Apartment
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 Market49
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
(310) 909-5454
Source:
Marcusmillichap
Added: Aug 30
Changed: Oct 10
Last Checked: Oct 16 at 5:46AM
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
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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.
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
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Current Use
Lease Details
20
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,943
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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
