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4842 W 17th Street Los Angeles, CA $ 3,499,000
4842 W 17th Street
$ 3,499,000
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4842 W 17th Street

Los Angeles, CA, 90019
$ 3,499,000
Baths4.0 Sq 7,005

Monthly Estimate*

$ 21,829

Listed by Myunits.com Inc.
View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,499,000 with 4 full baths. This 7,005 square foot home was built in 2023 on a lot size of 0.1607.

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.

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Multi-Family Active

Price

$ 3,499,000

Bedrooms

Studio

Full Bath

4

Property Type

Multi-Family

Taxes

$ 40,781

Style

Lot Size

0.1607

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB25253793

Days on Market

46

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Electric Oven Gas Range Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Garage Spaces 4
Architectural Style Modern
Pool Features None
Year Built 2023
Electric Standard
Tenant Pays All Utilities
View City Lights Neighborhood
Levels Three Or More
Property Subtype Quadruplex
Gross Income 266580
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 210799
Operating Expense 47784
Insurance Expense 4203
New Construction 0
Property Type Residential Income
MaintenanceExpense 1600
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions From I-10 Freeway: Exit La Brea Ave and head north Turn right east onto Venice Blvd Turn right onto Longwood Ave Turn left onto W 17th St 4842 W 17th St will be on your right.
City Los Angeles
Entry Location Ground Level
Senior Community Y/N 0
Open Parking Spaces 9
Number Of Units Total 4
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 7001
Number of Units Leased 4
Listing Terms Submit
Spa Features None
Property Attached Y/N 0
Land Lease Y/N 0
Tax Annual Amount 40781
Electric Expense 0
Fuel Expense 0
Property Condition Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 51
Virtual Tour https://www.myunits.com/buy/4842w17th
Total Actual Rent 22215
Property Sub Type Additional Quadruplex
Taxes 40781
Cap Rate 6.02
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Interior
Interior Amenities Open Floorplan Recessed Lighting Instant Hot Water
Fireplace Features None
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Double Pane Windows
Fireplace Y/N 0
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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Exterior
Exterior Amenities Lighting
Parking Features Garage Uncovered
Lot Features Landscaped
Water Source Public
Total Parking 13
Lot Size Area 7001
Number of Buildings 2
Spa 0
Building Area Total 7005
Lot Size Acres 0.1607
Road Surface Type Paved
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Myunits.Com Inc.

Broker

listings@twotofour.com

Email

Affordability Calculator

$25,228
Per Month
87%
13%
0%
Monthly Principal & Interest
$21,829
Monthly Property Taxes
$3,398
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,499,000 Listed Price

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4842 W 17th Street, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $3,499,000 with 7,005 sqft and a lot size of 0.1607. 4842 W 17th Street is a studio with 4.0 baths and was built in 2023. The property's zip code is 90019 which is in Los Angeles, CA