Homes for sale - 4712 W 17th ST, Los Angeles, CA 90019

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Chris Sloan

LPT Realty

info@sandiegopropertysearch.com +1(858) 330-6289

$3,495,000

Est. payment - /mo

14 Beds

14 Baths

7,529 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,529 sqft

Price per Sqft $464

MLS Listing ID 25503083

Bedrooms 14

HOA Y/N No

Year Built 2023

Lot Size 7,000 Sqft

Property Description

FULLY STABILIZED | CASH FLOWING | 4 INDIVIDUALLY METERED UNITS | INCREDIBLE 360 HILLTOP VIEWS | GREAT FOR 1031 EXCHANGE | Most units are due for 4% rent increase. Discover an exceptional investment opportunity with this newly constructed, modern property located at 4712 W 17th St, Los Angeles, CA 90019. Completed in Q4 2023, this sleek contemporary complex presents 4 three-story townhome-style apartments, offering a total of 7,529 of gross building SF on a generous 7,000 SF lot that sits on a hilltop providing incredible sweeping 360 views of the city that tenants enjoy from their rooftop deck or balconies. At only 4 units, this property qualifies for residential financing making it easier to secure a loan than commercial properties. The property is fully stabilized by quality tenants generating high cash flow and minimal expenses. It boasts a total of 14 ensuite bedrooms distributed across the four units which are individually metered for utilities, providing a mix of one 5-bedroom unit with a large private rooftop deck and three 3-bedroom units to cater to diverse renter demographics. Two of the 3-bedroom units have dens that can be utilized as a fourth bedroom. Each unit features an elegant and timeless design, showcasing a neutral color palette complemented by striking marble and wood finishes, creating a luxurious and sophisticated ambiance.Situated in the heart of Mid-City, Los Angeles, boasts a prime location that effortlessly combines historical charm with modern convenience. The surrounding neighborhood features tree-lined streets, classic architecture, and a vibrant, diverse community, creating a welcoming atmosphere. Its central location provides easy access to major Los Angeles destinations, including Downtown LA, Culver City, and the Westside, via major thoroughfares such as Venice Blvd., Pico Blvd., La Brea Ave., and the 10 Freeway. Residents are close to a wide array of local shops, cafes, restaurants, cultural attractions, and entertainment, making Mid-City a perfect location for those seeking a balanced and dynamic urban lifestyle.This premier investment property in a highly desirable Los Angeles neighborhood boasts modern design, high-quality finishes, and an ideal location. Contact us today to schedule a tour.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Stacked

Exterior

Parking Features Assigned, Covered, Door-Multi, Driveway, Garage, Paved, Uncovered

Total Parking Spaces 8

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5071020028

Special Listing Condition Standard

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Listed by Yohann Bensimon • Keller Williams Hollywood Hills

REALTOR® Chris Sloan works all areas of San Diego real estate and adjacent areas in Southern California-from single family homes to multi-unit residential, investment properties, land, and commercial buildings.

He’s adept at helping buyers and sellers with traditional equity transactions, short sales, probate, trust sales, foreclosures, corporate transactions, and exchanges

+1(858) 330-6289

info@sandiegopropertysearch.com

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