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1217 S Orange Grove Avenue Los Angeles, CA 90019
$2,200,000 0 beds, 9 baths
5, 983 sqft
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Photo of Rebecca Alvarado

Rebecca Alvarado REALTORĀ® - 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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Call My Office
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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Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 26835507
List price is $2,200,000
Beds: 0
Baths: 9
Built in 1959
5,983 sqft
2 stories
0.16 acres
Lot size: 0.1634
County: Los Angeles
Zoning: LAR3
Appliances: Refrigerator,Dryer,Washer
Parking description: Attached Carport,Garage,Side By Side,Tandem
Heating description: Wall Furnace
MLS area: C19 - Beverly Center-Miracle Mile

Last Updated: 5/26/2026

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 Find more homes in 90019 zip code

This listing belongs to the C19 - Beverly Center-Miracle Mile MLS area

Lat/Long: 34.054397, -118.364687.
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Listing Agent: Derrick Vartanian
Co Listing Agent: Ryan Pouldar
Lic#: 00912906
Office Name: Pasadena

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Photo of Rebecca Alvarado

Rebecca Alvarado REALTORĀ® - 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

Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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