4546 W 17th Street, Los Angeles, CA 90019

• 10 beds |
• 10 baths |
• 6,916 sqft

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.

Listing Status:

Active

Date Added:

June 20, 2025 at 05:00AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Saadia 'Sam' Liberow : 818-212-2795

MLS ID:

25555181

Interior

• Appliances: Refrigerator
• Laundry: Common Area
• Heating: Wall Furnace

Exterior

• Parking: ConcreteParking spaces: 4

Construction

• General: 2

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD1.55071013041

Financial

• Source: CRMLS

This listing courtesy of Saadia 'Sam' Liberow, Marcus & Millichap