$5,250,000
617 N Orange Drive, Los Angeles CA 90036
Multi-Family (20 Units)
Property type
99 days
On market
$350
Price per sqft
N/A
Garage
1964
Year built
13,377 sqft
Lot size
Open Houses
Overview
20-unit Los Angeles multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.7%, a 12.31 GRM and 4.49% cap rate, equating to approximately $262,500 per unit and $350 per square foot. Comprised entirely of one-bedroom, one-bath units, the asset is well...
Listing provided by: David Miller DRE #02105346 323-948-7507, Miller & Desatnik Realty Co., Errol Spiro DRE #00893163 310-202-9166, Miller & Desatnik Realty Co.
Listing updated: Mar 17, 2026 at 07:19am.
Last checked: Jun 14, 2026 at 06:00am
Source: CRMLS #26653757
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 20 | 1 | 1 | — | $1,778 | $1,778 | $2,315 | Unfurnished |
# of Buildings: 1
# of Units Total: 20
Refrigerator: 20
Financial Snapshot
Gross Rent Multiplier
12.3x
List Price / Annual Gross Rent
Cap Rate
4.49%
NOI / List Price
Net Operating Income: $235,808
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: None
Parking Total: 22
Lot Information
Land Lease: No
Parcel #: 5525018024
Zoning: LARD1.5
Community
HOA: No
Senior Community: No