Los Angeles, CA 90019,4842 W 17th Street
Los Angeles, CA 90019,4842 W 17th Street
Los Angeles, CA 90019,4842 W 17th Street
49
See all 49 photos
$3,426,000
Est. payment /mo
20 Beds
19 Baths
7,001 Sqft Lot
Price Dropped by $73K

4842 W 17th Street Los Angeles, CA 90019

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25253793

Bedrooms 20

Lot Size 7,001 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

4842 W 17th St is a fully leased luxury fourplex delivering a true 6.18% cap rate with all units due for rent increases. The asset can be acquired individually or as part of a rare three building portfolio (all contiguous lots), with identical twin properties on each side creating a 12 unit, 60 bedroom collection with $785,460/ yearly gross income. All three buildings are fully leased with two years of proven income history, offering immediate stabilized performance and long term appreciation potential. Please inquire for full portfolio pricing. Built in 2023, this massive 7,005 sqft designer style property sits in red hot Mid City and represents one of the strongest turnkey opportunities in the submarket. Each of the four townhome style residences offers five bedrooms and en suite baths with open concept layouts, oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, and wide plank wood like flooring. Every unit includes two full laundry sets, large closets, spa quality bathrooms with marble tile and matte black fixtures, and private balconies off the bedrooms. The property provides 12 total parking spaces, is separately metered for all utilities, and operates with zero house expenses. Located in the heart of Mid City, 4842 W 17th St offers unbeatable access to LAs most active employment and lifestyle hubs. Just minutes from Culver City, Miracle Mile, and the Jefferson Corridor, this location attracts a stable tenant base of professionals and families seeking high end living near major studios, tech campuses, and entertainmen

Location

State CA

County Los Angeles

Zoning Builder

Direction From I-10 Freeway: Exit La Brea Ave and head north, Turn right east onto Venice Blvd, Turn right onto Longwood Ave, Turn left on

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5067008018

Virtual Tour https://www.myunits.com/buy/4842w17th


MLS Router / San Diego MLS
Listed by Lauren Cearley Myunits.com Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    West Hollywood Elementary

    Public | KG - 5

  • 9

    Horace Mann School

    Public | KG - 8

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 7

    Baldwin Hills Elementary School

    Public | KG - 5

  • 7

    New Heights Charter

    Public | KG - 8

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Cienega Elementary School

    Public | KG - 5

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 5

    Shenandoah Street Elementary School

    Public | KG - 5

  • 5

    Rosewood Avenue Elementary

    Public | KG - 5

  • 5

    Laurel School

    Public | KG - 8

  • 5

    City Charter Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 5

    Wilton Place Elementary

    Public | KG - 5

Middle Schools 18
  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

  • 0

    Urban Village Middle School

    Public | 6 - 8

  • 0

    West Hollywood Opportunity

    Public | 7 - 12

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Frederick Douglass Academy Middle School

    Public | 6 - 8

  • 0

    Joseph Pomeroy Widney High School

    Public | 6 - 12

High Schools 20
  • 7

    Fairfax High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 1

    Dorsey High School

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Whitman Continuation

    Public | 9 - 12

  • 0

    Shaarei Torah California Rabbinical College

    Private | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    View Park Continuation

    Public | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

  • 0

    Bnos Devorah High School

    Private | 9 - 11

  • 0

    Academy of Science and Engineering

    Public | 9 - 12

  • 0

    Bishop Conaty-Our Lady of Loretto High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Joe Foty

Joe Foty

Agent | License ID: 01338639

+1(619) 847-3894

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4842 W 17th Street