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4842 W 17th St
Los Angeles, CA 90019 Mid-City

$3,426,000 USD

Apartments For Sale • 7,005 SF

Property Details

Property Type Apartments
Total Building Size 7,005 SF
Lot Size 0.16 AC
Building Class B
Year Built 2023
Cap Rate 6.18 %
Zoning LARD1.5

62 Transit Score

88 Walk Score

                
                    Highlights
                
                                Fully leased 2023 construction fourplex delivering a true 6.18% cap rate with two years of proven income history
                            
                                 Opportunity to acquire adjacent twin buildings for a combined 12-unit (60-bedroom) portfolio with $10,278,000 total yearly income. 
                            
                                Four townhome-style 5-bedroom units, each featuring en suite baths, open-concept layouts, and high ceilings
                            
                                Gross monthly income: $22,215 | Annual income: $266,580 | Net Operating Income: $210,799
                            
                                Price: $3,426,000 | $856,500 per unit | $489.08per SF | GRM: 12.85
                            
                                Separately metered for all utilities with zero house expenses

Property Flyers

4842 W 17th Marketing Package

Financial Summary (Actual)

Net Operating Income: $211,650 USD (2025)

Cap Rate:	6.18 %
Total Expenses:	$46,933 USD

Amenities

Air Conditioning
Balcony
Dishwasher
Microwave
Washer/Dryer
Refrigerator
Oven
Range
Tub/Shower
Double Pane Windows
Handrails
Instant Hot Water
Island Kitchen
Loft Layout

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	7.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	17 min	-	8.0 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	9.7 mi
Bob Hope	28 min	-	12.8 mi
Long Beach (Daugherty Field)	37 min	-	25.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Lauren Cearley 213-302-8662 Myunits.com Inc

4842 W 17th St Los Angeles, CA 90019 Mid-City