Modern

4842 W 17th Street

Los Angeles , CA 90019

MLS#: BB25253793

$3,499,000

Status: Active
Listing number: BB25253793
Listing provided by: Myunits.com Inc.
Listing agent phone: None
Last update: 2 days ago
New on site 4 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2023

Sq.Footage

N/A

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 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 entertainment centers. With continued development transforming the Mid City corridor, investors benefit from both strong current cash flow and long term appreciation potential. Schedule a call with our team to review the financials and explore the full portfolio opportunity.

Features & Amenities

Interior

  • Other Interior Features

    Open Floorplan, Recessed Lighting

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Other Exterior Features

    Lighting

  • Parking

    Garage

  • Pool

    Yes

  • Pool Features

    None

  • View

    City Lights, Neighborhood

Area & Lot

  • Lot Features

    Landscaped

  • Lot Size(acres)

    0.1607

  • Property Type

    Residential Income

  • Property Sub Type

    Quadruplex

  • Architectural Style

    Modern

Price

  • Sales Price

    $3,499,000

  • Tax Amount

    40781.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    51

  • Water Source

    Public

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Location

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Listing Courtesy of Lauren Cearley , Myunits.com Inc.

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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 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 entertainment centers. With continued development transforming the Mid City corridor, investors benefit from both strong current cash flow and long term appreciation potential. Schedule a call with our team to review the financials and explore the full portfolio opportunity.

4842 W 17th Street

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