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1217 S Orange Grove AvenueLos Angeles, CA 90019

For Sale

$2,200,000

Smart Buyer Rebate $22,000

We are pleased to present 1217 S Orange Grove Avenue, a well-maintained 7-unitmultifamily investment opportunity located in the highly desirable Mid-City submarket of Los Angeles. The property consists of approximately 5,983 square feet of living area situated on a 7,115 square foot LAR3-zoned lot, offering investors a compelling combination of stable in-place income and long-term upside potential. The building also features distinctive architectural elements, highlighted by subtle LED accent lighting that enhances the property's curb appeal and creates a unique visual presence during evening hours. The property is separately metered for gas and electricity, with water master metered, helping streamline operating expenses. Additional income is generated through an on-site shared laundry facility. The asset also offers rear parking, ample street parking, and is situated on a quiet, well-maintained residential street, further contributing to strong tenant appeal and long-term occupancy stability. The property features an attractive unit mix consisting of two (2) 2 bedroom/2-bathroom units, one (1) 2 bedroom/1 bathroom unit, three (3) 1 bedroom/1 bathroom units, and one (1) bachelor unit. The building benefits from a strong renovation profile, with four (4)units fully renovated (Units #1, #2, #5, and #7), featuring upgraded flooring, modernized kitchens with updated cabinetry and quartz countertops, refreshed bathrooms, and new interior paint. Two additional units (Units #3 and #4) have been partially renovated, providing investors with additional value-add potential through continued interior upgrades. This diverse unit composition offers a balanced blend of stabilized cash flow and future rental upside. Additionally, the property has completed the soft-story seismic retrofit.

Listed by Derrick Vartanian

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License #01816119

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Lyon Stahl Investment Real Estate, Inc.

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310-341-4872

Listed by Ryan Pouldar

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License #02208571

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Lyon Stahl Investment Real Estate, Inc.

Last updated May 26, 2026

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Source: CRMLS #26835507

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire Vista
  • Days on Prevu29
  • Size5,983 sqft
  • Price per sqft$368

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

05/18/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,200,000

Property Details for 1217 S Orange Grove Avenue

Exterior

Construction

  • Number Of Units Total: 7
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1959

Measurements

  • Building Area Total: 5,983
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,117
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,117
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.0
  • Gross Income: $174,744.00

Taxes

  • Parcel Number: 5086005009

Interior

Features

  • Appliances: Refrigerator, Dryer, Washer

Measurements

  • Living Area: 5,983
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 9

Parking

Parking

  • Attached Garage: Yes
  • Carport: Yes
  • Garage: Yes
  • Parking Features: Attached Carport, Garage, Side By Side, Tandem
  • Parking Total: 9

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1217 S Orange Grove Avenue.

Does this multi-family home have parking?

Yes, there are 9 parking spaces available for 1217 S Orange Grove Avenue.

How does 1217 S Orange Grove Avenue compare to other multi-family homes in Wilshire Vista?

This multi-family home is listed 14% above the average price for multi-family homes in Wilshire Vista and has been on the market for 21 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,983 sqft.

1217 S Orange Grove Avenue is a -bedroom multi-family home for sale in Los Angeles CA 90019. Listed on Prevu for 29 days at $2,200,000. This home features 5,983 square feet of living space, located in Wilshire Vista. The median listing price for multi-family homes in this area is $1,795,000. Additional amenities include parking and washer/dryer. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.