1642 S Orange Drive
Los Angeles, CA, 90019
$1,700,000
MLS: 26898321
Beds
10
Baths
5
Sq Ft
4,352
Lot
0.14 ac
Year Built
1938
MLS #
26898321
Days on Market
54
Listed
Sep 15, 2026
Description
PRIME LOS ANGELES 5-UNIT INCOME PROPERTY EXCELLENT INVESTMENT OPPORTUNITY!Rare opportunity to own a 5-unit multifamily property in Los Angeles! Each unit features 2 bedrooms and 1 bathroom, offering spacious and functional floor plans that are well-suited for long-term rental demand. All five units feature bright, spacious interiors, generous storage, and a combination of wood and tile flooring. The kitchens are equipped with appliances and ample cabinet space, while the bathrooms offer additional storage for convenience. The bedrooms are generously sized and filled with natural light.The property is conveniently located near an abundance of shopping, dining, entertainment, and everyday amenities, including Roscoe's Chicken & Waffles, Michaels, Ulta Beauty, Lowe's, Planet Fitness, and much more. Additional highlight: Recent work has been completed on the parking area/retrofitting structure, adding value and peace of mind for the next owner. Whether you're an experienced investor looking to expand your multifamily portfolio or seeking a solid Los Angeles investment opportunity, this property is one you won't want to miss!Interior showings are available with an accepted offer only. Don't miss the opportunity to add this 5-unit property to your portfolio!
Location
Los Angeles, Los Angeles County, CA 90019
Open on Google Maps ↗Listed by: Nathan Bishop · Carolwood Estates
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$13,073
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $170,000 · Loan: $1,530,000
Average 30-yr fixed rate 7.18% as of Nov 5, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $10,365
- Property tax (1.25%)
- $1,771
- Homeowners insurance
- $300
- Mortgage insurance
- $638
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Nov 5, 2026
- 30-year fixed
- 7.18%
- 15-year fixed
- 6.57%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $59,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90019 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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