This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4648 W 17th St
Los Angeles, CA 90019
Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 3,686 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,686 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | LARD2 |
ABOUT 4648 W 17TH ST , LOS ANGELES, CA 90019
Year-One 4% Cap Rate & 15.9 GRM and 9.0% Cap Rate & 8.7 GRM with rents at market! Central Realty Advisors is pleased to present this spectacular 6 Unit apartment building, located at 4648 W. 17th St, in Mid City, one of the most centrally located rental markets in Los Angeles. The property was built in 1959, consists of 2 stories, and features on-site surface parking for all units - No seismic retrofit required! The unit mix consists of (4) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units - with (1) one-bedroom unit already partially renovated. This property presents an incredible opportunity for an investor to reposition this asset to yield a ~9.0% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this popular & centrally located neighborhood.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 5071-020-041 | Improvements Assessment | $297,668 |
| Land Assessment | $1,082,432 | Total Assessment | $1,380,100 |
PROPERTY TAXES
