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1217 S Orange Grove Ave, Los Angeles, CA 90019

List Price: $2,278,000On Market FlagOn market
Jun 10, 20255,983 sqft9 beds9 baths
Listed by: Homa Shirzad
License #: 00827548
Phone #: 310-666-6594
Power Brokers
Source:
CRMLS Logo
MLS #: 25549809

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
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TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,713

TurboHome Estimated Value

$2,096,100

$350 sqft

High Valuation
$2,200,905
$368/sqft
Normal Valuation
$2,096,100
$350/sqft
Low Valuation
$1,991,295
$333/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$350/sqft$2,096,100

Neighborhood: Pico-Robertson

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Comparative Value

$1.48M

$1.81M

$2.06M

$2.21M

$2.28M

4777 San Vicente Blvd, Los Angeles, CA 90019

Sale Price: $1,475,000

Selected Comparable

1947 S Shenandoah St, Los Angeles, CA 90034

Sale Price: $1,814,999

Selected Comparable

613 S Dunsmuir Ave, Los Angeles, CA 90036

Sale Price: $2,060,000

Selected Comparable

1243 S La Cienega Blvd, Los Angeles, CA 90035

Sale Price: $2,212,500

Selected Comparable

1036 S Bedford St, Los Angeles, CA 90035

Sale Price: $2,218,052

Selected Comparable

1217 S Orange Grove Ave, Los Angeles, CA 90019

List Price: $2,278,000

Subject Property

Neighborhood Comps

Subject Property

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

1217 S Orange Grove Ave, Los Angeles, CA 90019

List: $2,278,000

Listed: 6/10/2025

Area:5,983 sqft
Price/sqft:$381
Beds:9
Baths:9
Year Built:—
Lot Size:7,115

Comparable Properties

COMPARABLE
Choose comps
1036 S Bedford St, Los Angeles, CA 90035

1036 S Bedford St, Los Angeles, CA 90035

Sale: $2,218,052

4/10/2025 • 0.92 mi

Area:5,861 sqft
Price/sqft:$378
Beds:9
Baths:8
Year Built:—
Weight:24.4%
1947 S Shenandoah St, Los Angeles, CA 90034

1947 S Shenandoah St, Los Angeles, CA 90034

Sale: $1,814,999

1/24/2025 • 1.41 mi

Area:6,816 sqft
Price/sqft:$266
Beds:9
Baths:10
Year Built:—
Weight:20.4%
613 S Dunsmuir Ave, Los Angeles, CA 90036

613 S Dunsmuir Ave, Los Angeles, CA 90036

Sale: $2,060,000

5/1/2025 • 1.15 mi

Area:6,344 sqft
Price/sqft:$325
Beds:8
Baths:8
Year Built:—
Weight:18.7%
4777 San Vicente Blvd, Los Angeles, CA 90019

4777 San Vicente Blvd, Los Angeles, CA 90019

Sale: $1,475,000

6/11/2025 • 1.44 mi

Area:5,540 sqft
Price/sqft:$266
Beds:8
Baths:8
Year Built:—
Weight:18.4%
1243 S La Cienega Blvd, Los Angeles, CA 90035

1243 S La Cienega Blvd, Los Angeles, CA 90035

Sale: $2,212,500

5/19/2025 • 0.68 mi

Area:6,842 sqft
Price/sqft:$323
Beds:8
Baths:10
Year Built:—
Weight:18.1%

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