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1035 W 17th Los Angeles, CA $ 1,999,999
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1035 W 17th
$ 1,999,999
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1035 W 17th

Los Angeles, CA, 90015
$ 1,999,999
Bedrooms-- Baths-- Sq 10,520

Monthly Estimate*

$ 12,314

Listed by Capital Mortgage Service of America
1035 W 17th, Los Angeles, CA 90015 - Image 1
1035 W 17th, Los Angeles, CA 90015 - Image 2

Commercial Property for sale in Los Angeles, CA

for $1,999,999. This 10,520 square foot building was built in 1964 on a lot size of 0.2147.

1035 W 17th Street is Rare Value-Add Multifamily Opportunity Near DTLA & Koreatown! Fully occupied 12-unit investment property located in the highly sought-after Pico-Union submarket, just minutes from Downtown Los Angeles, Koreatown, and USC. This stabilized asset offers immediate cash flow with approximately $112,000 NOI and a 5.63% CAP rate, while presenting a compelling opportunity to increase revenue through rental repositioning. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property benefits from strong in-place occupancy, consistent tenant demand, and a strategic location within one of Los Angeles' most active rental corridors. Investors will appreciate the combination of stable income today and significant upside tomorrow, with a projected 8–9% Pro Forma CAP rate through future rent growth. Opportunities to acquire a 100% occupied, cash-flowing 12-unit asset near DTLA at this price point are increasingly limited. Ideal for investors seeking immediate yield, long-term appreciation, and value-add potential in a high-demand urban market.

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Commercial Active

Price

$ 1,999,999

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2147

Year Built

1964

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB26116412

Days on Market

90
Features
General
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Year Built 1964
Property Subtype Multi Family
Current Use Multi-Family
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions bettween major free way 110 & 10
City Los Angeles
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 9354
Number of Units Leased 12
Listing Terms 1031 Exchange
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
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Interior
Total Stories 2
Laundry Features None
Entry Level 1
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Exterior
Lot Features 11-15 Units/Acre
Water Source Public
Lot Size Area 9354
Number of Buildings 1
Building Area Total 10520
Lot Size Acres 0.2147
Lot Size Source Assessor
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* Excluded Features
List By
Capital Mortgage Service Of America

Broker

yuzutakagicre@gmail.com

Email

Affordability Calculator

$12,314
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
5/29/2026$1,999,999 Listed Price

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1035 W 17th, Los Angeles, CA, 90015 is a Commercial Property for sale at $1,999,999 with 10,520 sqft and a lot size of 0.2147. 1035 W 17th was built in 1964. The property's zip code is 90015 which is in Los Angeles, CA

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