4546 W 17th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,916 sqft
Price per Sqft $321
MLS Listing ID CL25555181
Year Built 1964
Lot Size 7,004 Sqft
Property Sub-Type Other
Property Description
This partially stabilized asset presents a compelling ~29% rent upside, offering new ownership a path to meaningful short-term gains and long-term growth through targeted updates and strategic tenant turnover. The unit mix(2) 2-Bed/2-Bath units, (6) 1-Bed/1-Bath units, and (2) 2-Bed/2-Bath ADUs strikes a strong balance between stability and flexibility. Larger units appeal to long-term renters, while smaller units allow for more frequent rent adjustments aligned with market trends. Two income-generating, legally permitted ADUs further enhance the property's earning potential. Located in Mid-City, one of Los Angeles' most central and renter-heavy neighborhoods, the property sits between key employment hubs like Downtown LA, Culver City, Beverly Hills, and Hollywood. With over 63% of households renting and the median homebuyer needing to earn over $222K annually to afford a home, demand for rentals remains high, particularly in relatively affordable, well-located areas like this. Tenants also benefit from access to strong economic drivers, including Cedars-Sinai, USC, the Wilshire Miracle Mile, and key Metro lines, making this a strategically positioned asset for long-term investment.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Laundry Common Area
Building
New Construction No