4712 W 17th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 7,529 sqft
Price per Sqft $464
MLS Listing ID CL25503083
Bedrooms 11
Year Built 2023
Lot Size 7,000 Sqft
Property Sub-Type OTHER
Property Description
FULLY STABILIZED | CASH FLOWING | 4 INDIVIDUALLY METERED UNITS | INCREDIBLE 360 HILLTOP VIEWS | GREAT FOR 1031 EXCHANGE | 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
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Central
Cooling Central Air
Laundry Dryer,Washer,Other
Building
New Construction No