$ 2,278,000
-
$2,278,000
Price -
9
Bed -
8
Bath -
5,983
SqFt
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About the Listing CLW-X75379 - CLW-S52263
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.
Listing Highlights for 1217 S Orange Grove Ave
Status
Active
Days on Site
84
Property Type
Multi-Family
MLS ®
25549809
Year Built
1959
Total Square Footage
5,983
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 9
- Bathrooms: 8 Full
- Appliances: Refrigerator
- Air Cond: Gas
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway,Covered,Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5086005009
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1217 S Orange Grove Ave Los Angeles, CA 90019
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