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Listed by Lauren Cearley • Myunits.com Inc.
$ 3,499,000
Est. payment /mo
New
4842 W 17th ST Los Angeles, CA 90019
7,001 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25253793
Style Contemporary
Year Built 2023
Lot Size 7,001 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
4842 W 17th St is a fully leased luxury fourplex delivering a true 6.02% cap rate with all units due for rent increases. 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. The asset can be acquired individually or as part of a rare three building portfolio, with identical twin properties on each side creating a 12 unit, 60 bedroom collection. 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. 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 LA's most active emp
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Washer, Dryer, 9
Exterior
Parking Features Garage, Uncovered Parking
Garage Spaces 13.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Story Three or More Stories
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 5067008018
Special Listing Condition Not Applicable
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