14
See all 14 photos
$2,278,000
Est. payment /mo
9 Beds
10 Baths
5,983 SqFt
New
1217 S Orange Grove AVE Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,983 sqft
Price per Sqft $380
MLS Listing ID 25549809
Bedrooms 9
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1959
Lot Size 7,117 Sqft
Property Description
Well-maintained 7-unit apartment building in the heart of Pico-Fairfax, adjacent to vibrant Little Ethiopia and close to transit, dining, and major freeways. Great unit mix: (2) 2BD/2BA, (1) 2BD/1BA, (3) 1BD/1BA, plus (1) guest room (no kitchen). Two units, including the guest room, are currently vacant offering immediate upside. Units 1,2, and 3 have been recently updated, and all upstairs units feature private balconies. The property has completed both front and rear soft-story retrofits. It includes on-site card-operated laundry, separate gas/electric meters (units 1-6), and parking for all units (a mix of covered/tandem). Under LA Rent Control, with rents increased as of February 2025. Consistent cash flow, strong location, and well-kept condition make this a turnkey investment opportunity.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Gas
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Common Area
Exterior
Parking Features Covered, Carport, Driveway
Building
Faces East
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 5086005009
Special Listing Condition Standard
Listed by Homa Shirzad • Power Brokers