1217 S Orange Grove Ave
Los Angeles, CA 90019
9 Beds
9 Baths
5,983 Sq Ft
3 Days on Market
For Sale $2,400,000
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Courtesy of Marcus & Millichap

Listing Agent & Comments

Sean RosenzweigMarcus & Millichap
213-943-1897thesrgroup@marcusmillichap.com License #01406343
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale 1217 South Orange Grove Avenue, a seven-unit apartment community located in Carthay Square. The subject property is situated just south of Olympic Boulevard and East of Fairfax Avenue within the Miracle Mile submarket - a highly desirable pocket of Los Angeles. Situated on a 7,115 square foot parcel, the property consists of one bachelor unit, three one-bedroom units and three two-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 28% remaining rental upside through unit renovations. The surrounding area, combined with the value-add potential for a new owner to renovate the remaining units and achieve enhanced future returns, makes 1217 South Orange Grove Avenue a compelling acquisition opportunity.

MLS# 25481593 • Data provided by CRMLS
Additional home details
Living Area5,983 Sq.Ft.
Lot Size7,113 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1959
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$21,029
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$2,376,212
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

1217 S Orange Grove Ave., Los Angeles, CA 90019

Multifamily
9 Beds
9 Baths
5,983 Sq Ft
3 Days on Market

Listing Agent & Comments

Sean RosenzweigMarcus & Millichap
213-943-1897thesrgroup@marcusmillichap.com License #01406343
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale 1217 South Orange Grove Avenue, a seven-unit apartment community located in Carthay Square. The subject property is situated just south of Olympic Boulevard and East of Fairfax Avenue within the Miracle Mile submarket - a highly desirable pocket of Los Angeles. Situated on a 7,115 square foot parcel, the property consists of one bachelor unit, three one-bedroom units and three two-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 28% remaining rental upside through unit renovations. The surrounding area, combined with the value-add potential for a new owner to renovate the remaining units and achieve enhanced future returns, makes 1217 South Orange Grove Avenue a compelling acquisition opportunity.

MLS# 25481593 • Data provided by CRMLS
Additional home details
Living Area5,983 Sq.Ft.
Lot Size7,113 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1959
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$21,029
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $2,400,000
Request tour
Save
Courtesy of Marcus & Millichap
1217 S Orange Grove Ave
Los Angeles, CA 90019
9 Beds
9 Baths
5,983 Sq Ft
3 Days on Market

Listing Agent & Comments

Sean RosenzweigMarcus & Millichap
213-943-1897thesrgroup@marcusmillichap.com License #01406343
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. We are pleased to offer for sale 1217 South Orange Grove Avenue, a seven-unit apartment community located in Carthay Square. The subject property is situated just south of Olympic Boulevard and East of Fairfax Avenue within the Miracle Mile submarket - a highly desirable pocket of Los Angeles. Situated on a 7,115 square foot parcel, the property consists of one bachelor unit, three one-bedroom units and three two-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 28% remaining rental upside through unit renovations. The surrounding area, combined with the value-add potential for a new owner to renovate the remaining units and achieve enhanced future returns, makes 1217 South Orange Grove Avenue a compelling acquisition opportunity.

MLS# 25481593 • Data provided by CRMLS
Additional home details
Living Area5,983 Sq.Ft.
Lot Size7,113 Sq.Ft.
Total Rooms--
Bedrooms9
Bathrooms9
Stories2
Year Built1959
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$21,029
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$2,376,212
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $2,400,000
Request tour
Save
Courtesy of Marcus & Millichap