617 N Orange DR Los Angeles CA 90036 MLS #26653757

617 N Orange DR
Los Angeles, CA, 90036
$5,250,000
20 Beds
20 Baths
15,000 SqFt
0.31 Acres
$5,250,000
617 N Orange DR
Los Angeles, CA, 90036
MLS #26653757 image #0
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.

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
C18 – Hancock Park-wilshireC18hancockparkwilshire

Schools

Interior

Appliances
RF
Heating
WL
Levels
S

Exterior

Parking Spots
22
Parking Total
22

Financial

Gross Operating Income
$426,653
Net Operating Income
$235,808
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Single Family in Los Angeles as of Apr 06, 2026
7,190
Single Family Listed
85
Avg DOM
517
Avg $ / SqFt
$1,563,794
Avg List Price

Community

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Property Summary

    617 N Orange DR Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90036. It is listed for $5,250,000 and features 20 beds, 20 baths, and has approximately 15,000 square feet of living space, and was originally constructed in 1964. The current price per square foot is $350. The average price per square foot for Single Family listings in Los Angeles is $517. The average listing price for Single Family in Los Angeles is $1,563,794. To schedule a showing of MLS#26653757 at 617 N Orange DR in Los Angeles, CA, contact your James Outland agent at 8057482262.
617 N Orange DR
Los Angeles, CA
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