617 N Orange Drive, Los Angeles, CA 90036

$5,250,000 Approx. USD 20 beds, 20 baths
15,000 sqft

VIRTUAL TOUR

Save My Notes

MORE INFO

Brochure

Virtual Tour

Photo of Rosamaria Acuna

Marketed By Rosamaria Acuna REALTOR® - Sales Associate 619-890-2828 m
619-890-2828 o
Lic#: 00980917
NRDS ID: 196503934
racuna@bhhscal.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Rosamaria.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26653757

Price: $5,250,000

Beds: 20

Baths: 20

Built in 1964

15,000 sqft

0.31 acres

Lot size: 0.3071

County: Los Angeles