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 positioned in a supply-constrained rental submarket with consistent demand. Built in 1964, the property provides operational scale and value-add potential through interior renovations. Favorable assumable financing enhances cash flow and reduces acquisition financing risk.
AGENT: David Miller LISTING BROKERAGE: Miller & Desatnik Realty Co.
Courtesy of Miller & Desatnik Realty Co.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 617 N Orange DR
Los Angeles, CA
Property Details
Price:
$5,250,000
MLS #:
26653757
Status:
Active
Beds:
20
Baths:
20
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Mar 9, 2026
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
Lot Size:
13,377 sqft / 0.31 acres (approx)
Year Built:
1964
See this Listing
Schools
Interior
Appliances
RF
Heating
WL
Levels
S
Exterior
Parking Spots
22
Parking Total
22
Financial
Map
Community
- Address617 N Orange DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90036
