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  • 617 N Orange Drive

617 N Orange Drive, Los Angeles, CA 90036

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

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Photo of Rebecca Alvarado

Rebecca Alvarado REALTOR® - Broker Associate 323-240-9219 m
323-685-1131 o
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Text Me
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626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


David Miller | davemiller@mdrealtycorp.com
Lic#: 02105346
Broker: Courtesy of Miller & Desatnik Realty Co.
Phone: 323-948-7507

Co Listing Agent


Errol Spiro | errol@mdrealtycorp.com
Lic#: 00893163
Broker: Courtesy of Miller & Desatnik Realty Co.
Phone: 310-202-9166

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
Zoning: LARD1.5
Appliances: Refrigerator
Parking description: None
Heating description: Wall Furnace
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 6/10/2026

 Days On Market (DOM): 100

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.082489, -118.341935.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rebecca Alvarado

Rebecca Alvarado REALTOR® - Broker Associate 323-240-9219 m
323-685-1131 o
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Text Me
Call My Cell
Call My Office
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com
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540 South Lake Ave
Pasadena, CA 91101
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