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617 N Orange Drive, Los Angeles CA 90036
617 N Orange Drive, Los Angeles CA 90036
617 N Orange Drive, Los Angeles CA 90036
617 N Orange Drive, Los Angeles CA 90036
617 N Orange Drive, Los Angeles CA 90036
617 N Orange Drive, Los Angeles CA 90036
California>Los Angeles>Greater Wilshire

617 N Orange DriveLos Angeles, CA 90036

For Sale

$5,250,000

Smart Buyer Rebate $52,500

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.

Listed by David Miller

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License #02105346

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Miller & Desatnik Realty Co.

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323-948-7507

Listed by Errol Spiro

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License #00893163

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Miller & Desatnik Realty Co.

Last updated March 10, 2026

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Source: CRMLS #26653757

Listing Facts

  • TypeMulti-family
  • NeighborhoodGreater Wilshire
  • Bedrooms20
  • Days on Prevu7
  • Size15,000 sqft
  • Price per sqft$350

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/09/2026
Listed by Miller & Desatnik Realty Co.
$5,250,000

Property Details for 617 N Orange Drive

Exterior

Construction

  • Number Of Units Total: 20
  • Stories Total: 2
  • Year Built: 1964

Measurements

  • Building Area Total: 15,000
  • Lot Size Acres: 0.30
  • Lot Size Area: 13,377
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 13,377
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.49
  • Gross Income: $426,653.00

Taxes

  • Parcel Number: 5525018024

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 15,000
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 20
  • Bedrooms Total: 20

Parking

Parking

  • Parking Total: 22

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 20 bedrooms in this multi-family home at 617 N Orange Drive.

Does this multi-family home have parking?

Yes, there are 22 parking spaces available for 617 N Orange Drive.

How does 617 N Orange Drive compare to other multi-family homes in Greater Wilshire?

This multi-family home is listed 80% above the average price for multi-family homes in Greater Wilshire and has been on the market for 77 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 15,000 sqft.

617 N Orange Drive is a 20-bedroom multi-family home for sale in Los Angeles CA 90036. Listed on Prevu for 7 days at $5,250,000. This residence features 15,000 square feet of living space, located in Greater Wilshire. The median listing price for multi-family homes in this area is $2,142,500. Property amenities include parking. Explore more 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.