Date
Details
Price
Change
Source
1/29/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$4,500,000
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1/22
Property Description
Rare Newly Constructed Triplex in Prime Los Angeles Location!
Welcome to 961 Orme Ave., Los Angeles, CA, an exceptional income-producing triplex offering a unique opportunity for investors and owner-operators alike. This newly constructed property features two expansive, high-density units plus a modern ADU, designed for maximum rental potential and long-term value.
Unit Breakdown:
•Unit 1: 16 bedrooms / 16 bathrooms
•Unit 2: 14 bedrooms / 14 bathrooms
•ADU: 2 bedrooms / 2 bathrooms
Each unit is thoughtfully designed with private bathrooms for every bedroom, making this property ideal for co-living, student housing, transitional housing, or multi-tenant rental strategies. New construction means modern systems, low maintenance, and strong appeal to today's rental market.
Located in the heart of Los Angeles with convenient access to major freeways, employment centers, and public transportation, this property offers strong cash-flow potential and a rare unit mix that is increasingly hard to find.
An exceptional opportunity to own a turnkey, high-yield asset in one of LA's most in-demand rental markets.
Full Property Details
Full Property Details for 961 Orme
General
- Price: $4,500,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26021245
- Updated: 1/30/2026
- Days on Market: 27 days
- Added to Site: 27 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, All Bedrooms Up
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 1
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Next to 60 Freeway
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Entry Location: street
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 9,296
- Year Built: 1919
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 16
- Bedrooms: 16
Unit 2
- Number of Units: 1
- Total Bathrooms: 14
- Bedrooms: 14
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1552
- Lot Size (Sq. Ft.): 6,759
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $484.08
- Price Per Unit: 1500000
Listed by Century 21 A Better Service, Chris Limon
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Listing agent
— 961 Orme —
Chris Limon
Century 21 A Better Service
562-244-8211
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 961 Orme
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Soto Street Elementary School 1020 South Soto Street, Los Angeles, CA 90023 | K-6 | 0.2 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.4 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 0.4 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.6 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 961 Orme
Tax History
Tax History for 961 Orme
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,396
-12%
$596,292
-11%
2023
$8,412
592%
$673,200
788%
2022
$1,216
2%
$75,824
2%
2021
$1,198
—
$74,338
1%
2020
$1,204
3%
$73,577
2%
2019
$1,169
11%
$72,135
2%
2018
$1,052
2%
$70,721
2%
2017
$1,030
13%
$69,335
2%
2016
$913
1%
$67,977
2%
2015
$901
-1%
$66,957
2%
2014
$912
—
$65,647
—
2013
$912
—
$65,351
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 961 Orme
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- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 2Total Baths
- 1,060Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 10Beds
- 6Total Baths
- 3,769Sq. Ft.
- Single Family
- Active
- Updated 20 hours ago
- 3Beds
- 3Total Baths
- 1,528Sq. Ft.
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- Single Family
- Closed
- Updated 1 day ago
- 5Beds
- 5Total Baths
- 4,830Sq. Ft.
Listed by The Tracy Do Team
961 Orme, Los Angeles, CA 90023 (MLS# DW26021245) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 961 Orme is currently listed for $4,500,000 and was received on January 29, 2026. Want to learn more about 961 Orme? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.