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    4648 W 17Th St

    Los Angeles, CA 90019
    • $1,299,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 20-619618
    $1,299,000
    • 8
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,686
      SQFT
    • $352
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Two renovated One-Bedroom Units + Year-One 5% Cap Rate + 55% Upside!!! Spectacular 6-unit apartment building in Mid City location: one of the most Centrally Located rental markets in Los Angeles. The property was built in 1959, and consists of 2 stories, and features on-site parking for all units. Unit Mix of (4) One-bedroom/One-bathroom units and (2) Two-bedroom/One-bathroom units. With spillover from tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west, as well as from neighboring Koreatown and red hot West Adams, this asset is strategically positioned for a growing demand of tenants who want to be near everything and close to the action! Call today to schedule a tour.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/109089409
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    4648 W 17Th St Los Angeles, CA 90019

    • Price: $1,299,000
    • Status: Active
    • ID#: 20-619618
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,686
    SQFT
    $352
    $/SQFT
    1959
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Two renovated One-Bedroom Units + Year-One 5% Cap Rate + 55% Upside!!! Spectacular 6-unit apartment building in Mid City location: one of the most Centrally Located rental markets in Los Angeles. The property was built in 1959, and consists of 2 stories, and features on-site parking for all units. Unit Mix of (4) One-bedroom/One-bathroom units and (2) Two-bedroom/One-bathroom units. With spillover from tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west, as well as from neighboring Koreatown and red hot West Adams, this asset is strategically positioned for a growing demand of tenants who want to be near everything and close to the action! Call today to schedule a tour.
    Exterior Features

    Lot Size Area 7004 Other Structures Other Parking Garage Other Total Parking 8

    Interior Features

    Baths Total 6.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 892500 Gross Income 94914 Gross Operating Income 94914 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 64724.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 30190 Type Of Units Apartments Year Built Source Other Zoning Lard2

    Listing provided courtesy of Elijah Korobkin DRE#01897085 of Central Realty Advisors Inc.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T23:42:40.983. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377