1217 S Orange Grove Avenue, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1217 S Orange Grove Avenue,Los Angeles, CA 90019
$2,200,000
- - Beds
- 9 Baths
- 5,983 sq. ft.
- Multi-family
- Active
Listed by: derrick vartanian, ryan pouldar
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26835507
Source:CRMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$367.71
About this home
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....
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Home facts
- Year built:1959
- Listing ID #:26835507
- Added:21 day(s) ago
- Updated:June 09, 2026 at 10:34 AM
Rooms and interior
- Total bathrooms:9
- Kitchen Description:Refrigerator
- Living area:5,983 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1959
- Building area:5,983 sq. ft.
- Lot area:0.16 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$367.71
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:9
- Parking description:Attached Carport, Garage, Side By Side, Tandem
- Garage:Yes
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