4842 W 17th Street, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

4842 W 17th Street
Los Angeles, California 90019
Property Price
SUMMARY
Analysis of 4842 W 17th Street, Los Angeles, California 90019 is currently available with a list price of $3,426,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2023, making it brand new construction. The description highlights 'designer style,' 'oversized marble waterfall islands,' 'sleek cabinetry,' 'stainless steel LG appliances,' 'designer lighting,' 'wide plank wood like flooring,' and 'spa quality bathrooms with marble tile and matte black fixtures.' The images confirm these high-end, modern finishes throughout the kitchens and bathrooms, as well as new appliances and contemporary flooring. All components are new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Luxury Finishes
Built in 2023, this designer-style property features high-end amenities including oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, wide plank wood flooring, and spa-quality bathrooms, appealing to a premium tenant base.
- Strong Investment Performance & Income Stability
The property is fully leased with a true 6.18% cap rate, all units are due for rent increases, and it boasts two years of proven income history (as part of a portfolio). Separately metered utilities result in zero house expenses, ensuring robust cash flow and immediate stabilized performance.
- Prime Mid City Location & Appreciation Potential
Situated in the 'red hot Mid City' area, it offers unbeatable access to major employment and lifestyle hubs like Culver City and Miracle Mile. This attracts a stable tenant base and benefits from ongoing development, promising long-term appreciation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 7005, other record living area = 7199.
- High Capital Investment
With a list price of $3.426 million, this property represents a substantial capital outlay, which may limit the pool of potential investors to those with significant financial resources.
- Regulatory Constraints
As a multi-unit property in Los Angeles, it is subject to the city's stringent rent control and tenant protection ordinances, which could impact future rent growth and operational flexibility.
About 4842 W 17th Street
4842 W 17th St is a fully leased luxury fourplex delivering a true 6.18% cap rate with all units due for rent increases. The asset can be acquired individually or as part of a rare three building portfolio (all contiguous lots), with identical twin properties on each side creating a 12 unit, 60 bedroom collection with $785,460/ yearly gross income. All three buildings are fully leased with two years of proven income history, offering immediate stabilized performance and long term appreciation potential. Please inquire for full portfolio pricing. Built in 2023, this massive 7,005 sqft designer style property sits in red hot Mid City and represents one of the strongest turnkey opportunities in the submarket. Each of the four townhome style residences offers five bedrooms and en suite baths with open concept layouts, oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, and wide plank wood like flooring. Every unit includes two full laundry sets, large closets, spa quality bathrooms with marble tile and matte black fixtures, and private balconies off the bedrooms. The property provides 12 total parking spaces, is separately metered for all utilities, and operates with zero house expenses. Located in the heart of Mid City, 4842 W 17th St offers unbeatable access to LA’s most active employment and lifestyle hubs. Just minutes from Culver City, Miracle Mile, and the Jefferson Corridor, this location attracts a stable tenant base of professionals and families seeking high end living near major studios, tech campuses, and entertainment centers. With continued development transforming the Mid City corridor, investors benefit from both strong current cash flow and long term appreciation potential. Schedule a call with our team to review the financials and explore the full portfolio opportunity.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 2023
- Lot Size
- 7,001 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 7,005 | 2,708 | 89% |
| Lot Size | 7,001 | 6,167 | 74% |
| Price | $3.43M | $1.10M | 89% |
| Price per sq ft | $489 | $475 | 63% |
| Built year | 2023 | 1929 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 191 | 21% |
Pricing History
Listed for Sale
Jan 27, 2026
$3,426,000
$3,499,000
-2% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$3,499,000
Initial Listing
Sold
Jul 11, 2022
$1,180,000
Public Record
















































