$2,200,000

1217 S Orange Grove Avenue, Los Angeles, CA 90019

  • 5,983 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon7,118sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $368/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
May 18, 2026
Data Last Updated:
May 20, 2026 at 4:09AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Derrick Vartanian : 310-341-4872
MLS ID:
CL26835507
  • Appliances: Dryer
  • Laundry: DryerWasher
  • Heating: Wall Furnace
  • Parking: TandemOtherSide By Side
  • County: Los Angeles
  • Zoning: LAR35086005009

This listing courtesy of Derrick Vartanian , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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