Los Angeles, CA90019
| 20880 sqft | MLS# BB26036696
Tract:
For Sale $10,278,000
Description
4848, 4842, and 4836 W 17th Street are an exceptionally rare opportunity to acquire three contiguous fourplexes, a fully stabilized 12-unit portfolio consisting of sixty total bedrooms across twelve expansive 5-bedroom, 5-bathroom units, delivering a true 6.04% cap rate. Opportunities to acquire side-by-side new construction assets with uniform unit mix, scale, and proven income history at this level of return in Mid City are virtually nonexistent. Built in 2023 and fully leased across three separate APNs, the portfolio produces $785,460 in annual gross income with two years of rental history and minimal turnover. The properties operate with zero house expenses, are separately metered for utilities, and due to their contiguous configuration may qualify for either residential or commercial financing, providing investors flexible capital structuring options. Each townhome-style residence features five bedrooms with en suite baths, 3 parking spaces per unit with 39 total parking spaces (12 garage, 21 exterior, 6 bonus), open concept layouts, oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, and wide plank flooring. Units include two full laundry sets, large closets, spa-quality bathrooms with marble tile and matte black fixtures, and private balconies. Consistent construction quality and identical layouts across all buildings create operational efficiency and long-term tenant appeal. Positioned in the heart of Mid City with direct access to Culver City, Miracle Mile, and the Jefferson Corridor, this offering combines immediate stabilized cash flow with long-term appreciation potential in one of Los Angeles’ most active rental corridors.
Facts
| Built in 2023 | Lot Size: 21005.00 sqft | HOA Dues: $0/month
Features
Listing provided by Lauren Cearley, Myunits.com Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of February 24, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
