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4712 W 17th St, Mid-City

Luxury Mid-City Fourplex

The most elevated fourplex in all of Mid-City. Perched at the top of a hill, this property has rooftop decks with views of Los Angeles that will blow your mind. These units feature upgrades such as massive dens, mudrooms and lofts. Projected 5.40% cap rate. Best floorplans in LA.

The Important
Details

List Price:

Property Type:

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# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

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$3,695,000

Fourplex

Pre-Market

4

2023

5.40%

14.26

$259,200/Year (Pro Forma)

6,664 sqft

6,996 sqft

$554.47

$923,750

1 x 4b/4.5b+Den/Mudroom, 2 x 3b/3b+Den, 1 x 2b/2.5b+Den

No

8 Exterior Spaces

Rooftop Decks, Stainless Steel Appliances

The Highlights

  • 5.40% projected cap rate! Mind blowing floorplans and views that will have tenants paying top dollar.

  • ULTRA upgraded new construction fourplex that boasts a 2,510 SF “owners unit” with a massive rooftop deck.

  • Perched at the top of a hillside street, the 360 degree views are unbeatable at this property

  • Ideal property for owner occupiers! Live the life of ultimate luxury in the MASSIVE (2,510 sqft) townhome while having the tenants pay the mortgage- a strategic move in today’s interest rate environment!

  • Each and every finish was upgraded, from premium porcelain countertops and modern cabinetry in the kitchen to expansive walk-in closets. The upgrades list is endless!

  • Brilliantly designed, bright and open 3-story units with all of the upgrades- washer/dryers, stainless steel appliances, pre-wired internet/cable, motorized gate and more! Totally turnkey!

  • 3 units have private 2-car garages- an amenity that tenants place huge importance on- plus 2 bonus spots out front!

  • All units separately metered for gas, electric AND water! Microscopic expenses!

  • Moments from countless exciting mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (brand new Whole Foods), the Culver Steps (Amazon Studios), and Platform!

The Neighborhood

<15-Minute Walk

Midtown Shopping Center, Hollywood Night Market, Planet Fitness, Five Guys, Pacific French Bakery, Spaccio Salumeria, Menchitas, Washington Irving Branch Library, Starbucks, , Roscoe's Chicken and Waffles, Olive Garden, Wingstop, Subway, Jamba Juice

<15-Minute Drive

Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen

<$15 Uber Ride

Sprouts, Starbucks, Target, Westside Boxing Club, Johnny's Pastrami, Pips on La Brea, L.A. Grind Coffee And Tea Bar, Pacific French Bakery, Tartine West Adams, Alta, Mizlala, Delicious Pizza, The Underground Museum, Vees Cafe, Infinity Room, Farmhouse Kitchen

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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