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3315 W 17th Street, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

3315 W 17th Street, Los Angeles, California 90019 home-pic-0
ACTIVE$940,000
3315 W 17th Street, Los Angeles, California 90019
0Bed
0Bath
3,146Sqft
2,811Lot
Year Built
1921
Close
-
List price
$940K
Original List price
$940K
Price/Sqft
$299
HOA
-
Days on market
-
Sold On
-
MLS number
PW25139128
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $940.0K(31th), sqft - 3146(46th), beds - undefined(50th), baths - undefined(50th).

Don’t miss this rare opportunity to own the lowest priced 4-unit property in Arlington Heights, one of LA’s most desirable and centrally located rental markets. Located just north of the 10 Freeway and adjacent to Koreatown, the property offers unbeatable access to top dining, shopping, and entertainment. All four units are oversized 1-bed/1-bath layouts, averaging 786 square feet—providing spacious, comfortable living that stands out in the area. Perfect for an owner-occupant or investor, this property also offers significant upside in rent, making it a smart long-term play. With strong fundamentals and major potential, this is the opportunity you've been waiting for in Arlington Heights. Property will be sold with all 4 tenants, owner will not vacate any of the units.

Nearby schools

6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.2mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.8mi
7/10
Queen Anne Place Elementary School
Public,•K-5•0.9mi
3/10
Los Angeles Elementary School
Public,•K-5•1.0mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.1mi
3/10
Wilton Place Elementary School
Public,•K-5•1.2mi
5/10
Pio Pico Middle School
Public,•6-8•0.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•0.4mi
7/10
John Burroughs Middle School
Public,•6-8•1.8mi
4/10
Los Angeles Senior High School
Public,•9-12•1.2mi
4/10
West Adams Preparatory High School
Public,•9-12•1.8mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
06/23/25
Listing
$940,000
03/22/24
Sold
$775,000
02/17/04
Sold
$405,000
Condition Rating
Poor
Built in 1921, this property is over 100 years old. The exterior shows significant age with dated stucco, windows, and dilapidated fencing. The presence of window AC units suggests a lack of central cooling, indicating outdated HVAC systems. Crucially, there are no interior images provided, and the description mentions 'significant upside in rent,' which strongly implies that the kitchens, bathrooms, and other interior elements are severely outdated and require substantial rehabilitation to meet current standards. Major systems like plumbing and electrical are likely original or have had only piecemeal repairs, necessitating significant upgrades for safety and functionality.
Pros & Cons

Pros

Prime Location: Situated in Arlington Heights, a desirable and centrally located rental market, offering excellent access to the 10 Freeway, Koreatown, dining, shopping, and entertainment.
Strong Investment Opportunity: Positioned as the 'lowest priced 4-unit property' in its market, with 'significant upside in rent' and 'strong fundamentals,' making it attractive for long-term investors.
Immediate Income Stream: Sold with all four units currently tenant-occupied, providing immediate rental income for the new owner.
Spacious Units: All four units are oversized 1-bed/1-bath layouts, averaging 786 square feet, which is a significant draw for tenants seeking comfortable living spaces.
Multi-Unit Property: As a quadruplex, the property offers diversified income streams and is a valuable asset type in a high-demand rental market like Los Angeles.

Cons

Advanced Age of Property: Built in 1921, the property is over a century old, likely requiring substantial capital expenditures for system upgrades (plumbing, electrical, HVAC) and general deferred maintenance.
Tenant Occupancy Limitations: The seller will not vacate any units, posing a challenge for owner-occupants and limiting an investor's immediate ability to implement significant renovations or adjust rents to market rates without navigating tenant laws.
Potential for Limited Amenities/Parking: The lot size (2811 sqft) is relatively small for a four-unit building of 3146 sqft, which may result in limited outdoor space, green areas, or insufficient on-site parking for all tenants.

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