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.
Property Details
Price:
$2,278,000
MLS #:
25549809
Status:
Active
Baths:
0
Address:
1217 S Orange Grove Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Jun 10, 2025
State:
CA
ZIP:
90019
Lot Size:
7,117 sqft / 0.16 acres (approx)
Year Built:
1959
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Schools
Interior
Appliances
Refrigerator
Cooling
Gas
Heating
Wall Furnace
Exterior
Parking Features
Driveway, Covered, Carport
Parking Spots
0.00
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1217 S Orange Grove Avenue Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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1217 S Orange Grove Avenue
Los Angeles, CA
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