$730,000
$130K PRICE DROP

8703 Orchard Ave Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated payment $4,770/month

Total Views 3,951
5 Beds
5 Baths
2,682 Sq Ft
$272 Price per Sq Ft

About This Home

Incredible opportunity to own a 5-unit multifamily property in the heart of Los Angeles! This unique setup includes a single-family residence and a quadruplex, with each unit featuring 1 bedroom and 1 bathroom ideal for strong and consistent rental income. One unit will be delivered vacant at closing with new cabinets, paint and flooring, offering immediate owner-occupancy or premium rental potential. All other units are month-to-month, providing flexibility for future rent increases or redevelopment plans. Recent capital improvements include a brand new roof, ensuring minimal near-term maintenance and long-term durability. Plenty of on-street parking and located in an area with strong rental demand. Perfect for both investors looking to expand their portfolio and first-time buyers entering the multifamily space.

Listing Agent

Donnie Muldrow

East West Estates License #01798416 Listed on: 06/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,006 Sq Ft Lot
  • Lot Dimensions are 40x150

Interior Spaces

  • 2,682 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 6038-017-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2682
  • Lot Acreage: 0.1379
  • Lot Dimensions: 40x150
  • Probate: No
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Common Walls: Attached
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 272.18

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 5

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 41.67
  • Assessed Improvement Value: 95689
  • Assessed Land Percent: 58.33
  • Assessed Land Value: 133964
  • Total Assessed Value: 229653
  • Assessor Parcel Number: 6038-017-032
  • Lot Size Area: 6006

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 17.92
  • Number Of Units: 5
  • Total Annual Expense: 7500
  • Type Of Units: 4Units & SFR
  • Vacancy Rate: 1 unit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $730,000 -0.7% $272 / Sq Ft
07/01/2025 07/01/25 Price Changed $735,000 -14.5% $274 / Sq Ft
06/28/2025 06/28/25 Price Changed $860,000 +17.0% $321 / Sq Ft
06/27/2025 06/27/25 Price Changed $735,000 -5.2% $274 / Sq Ft
06/17/2025 06/17/25 Price Changed $775,000 -9.9% $289 / Sq Ft
06/07/2025 06/07/25 For Sale $859,995 -- $321 / Sq Ft
Source: The MLS

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See All Homes in Los Angeles

Source: The MLS

MLS Number: 25549725

The MLS

California Los Angeles County Los Angeles 90044 Vermont Vista

8703 Orchard Ave, Los Angeles, CA

This home is located at 8703 Orchard Ave, Los Angeles, CA 90044 and is currently priced at $730,000, approximately $272 per square foot. This property was built in 1921. 8703 Orchard Ave is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Bret Harte Preparatory Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Nearby Homes
Listing Agent
Donnie Muldrow
Section Image
East West Estates
(310) 492-4333