Properties

Los Angeles, CA 90019 4842 W 17th Street

4842 W 17th Street Los Angeles, CA - Image 14842 W 17th Street Los Angeles, CA - Image 24842 W 17th Street Los Angeles, CA - Image 3
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Presented By: Lauren Cearley with Myunits.com Inc.; 209-298-6020
  • MLS# BB25253793
  • 11/04/2025
  • Get pre-approved
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  • Baths • 4
  • SQFT • 7,005
  • Garage • 4

Home Details

4842 W 17th St is a fully leased luxury fourplex delivering a true 6.18% cap rate with all units due for rent increases. The asset can be acquired individually or as part of a rare three building portfolio (all contiguous lots), with identical twin properties on each side creating a 12 unit, 60 bedroom collection with $785,460/ yearly gross income. 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. 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. 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 LAโ€™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.
Presented By: Lauren Cearley with Myunits.com Inc.; 209-298-6020

Interior Features for 4842 W 17th Street

Other Interior Features

Air Conditioning Y/NYes
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOpenFloorplan, RecessedLighting, InstantHotWater
Laundry FeaturesWasherHookup, ElectricDryerHookup
Total Stories3
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General for 4842 W 17th Street

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricOven, GasRange, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Building Area UnitsSquareFeet
Cap Rate6.18
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsFrom 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.
ElectricStandard
Electric Expense
Entry LocationGround Level
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income266580
HeatingCentral
Insurance Expense4203
Land Lease Y/NNo
LevelsThreeOrMore
Listing TermsSubmit
Lot Size Square Feet7001
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MaintenanceExpense1600
Net Operating Income211650
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces9
Operating Expense46933
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property ConditionTurnkey
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount39930
Tax Lot51
Taxes$39,930
Tenant PaysAllUtilities
Total Actual Rent22215
Trash Expense0
ViewCityLights, Neighborhood
Virtual TourClick here
Water Sewer Expense0
Year Built2023
Year Built SourceBuilder
ZoningLARD1.5

Exterior for 4842 W 17th Street

Building Area Total7005
Exterior AmenitiesLighting
Lot FeaturesLandscaped
Lot Size Acres0.1607
Lot Size Area7001
Lot Size SourcePublicRecords
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesGarage, Uncovered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking13
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,426,000
MLS#BB25253793
List Date 11/04/2025
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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