1217 S Orange Grove Avenue, Los Angeles, CA 90019

  • $2,200,000
1217 S Orange Grove Avenue
ResidentialIncome Active
1217 S Orange Grove Avenue, Los Angeles, CA 90019
1217 S Orange Grove Avenue
  • $2,200,000

Overview

Property ID: HZ26835507
  • 0
  • Bedroom
  • 9
  • Bathrooms
  • 5983
  • Sq Ft
  • 1959
  • Year Built

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.

  • Address Orange Grove
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90019

Details

Updated on May 26, 2026 at 10:07 am
  • Property ID: HZ26835507
  • Price: $2,200,000
  • Property Size: 5983 Sq Ft
  • Bedroom: 0
  • Bathrooms: 9
  • Year Built: 1959
  • Property Status: ResidentialIncome
  • Listed by: Derrick Vartanian
  • DRE #: 01816119
  • Contact Mail: derrick@lyonstahl.com
  • Brokered by: Lyon Stahl Investment Real Estate, Inc.

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