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961 OrmeLos Angeles, CA 90023

For Sale

$4,500,000

Smart Buyer Rebate $45,000

Rare Newly Constructed Triplex in Prime Los Angeles Location!

Welcome to 961 Orme Ave., Los Angeles, CA, an exceptional income-producing triplex offering a unique opportunity for investors and owner-operators alike. This newly constructed property features two expansive, high-density units plus a modern ADU, designed for maximum rental potential and long-term value.

Unit Breakdown:
• Unit 1: 16 bedrooms / 16 bathrooms
• Unit 2: 14 bedrooms / 14 bathrooms
• ADU: 2 bedrooms / 2 bathrooms

Each unit is thoughtfully designed with private bathrooms for every bedroom, making this property ideal for co-living, student housing, transitional housing, or multi-tenant rental strategies. New construction means modern systems, low maintenance, and strong appeal to today’s rental market.

Located in the heart of Los Angeles with convenient access to major freeways, employment centers, and public transportation, this property offers strong cash-flow potential and a rare unit mix that is increasingly hard to find.

An exceptional opportunity to own a turnkey, high-yield asset in one of LA’s most in-demand rental markets.

Listed by Chris Limon

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License #01182471

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Century 21 A Better Service

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562-244-8211

Last updated January 29, 2026

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Source: CRMLS #DW26021245

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on PrevuNew Today

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/29/2026
Listed by Century 21 A Better Service
$4,500,000

Property Details for 961 Orme

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 3
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 1919
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: street

Features

  • View: Neighborhood

Measurements

  • Building Area Total: 9,296
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,759
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,759
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5189012024

Interior

Features

  • Interior Features: All Bedrooms Up, All Bedrooms Down

Other

Location

  • Tax Lot: 37

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Total: 1

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 961 Orme.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 961 Orme.

How does 961 Orme compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 268% above the average price for multi-family homes in Boyle Heights and has been on the market for 95 less days than the typical home in this area.

961 Orme is a -bedroom multi-family home for sale in Los Angeles CA 90023. Available on Prevu for 0 days at $4,500,000. This home is located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. The home offers air conditioning and parking. 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.