NOT LISTED FOR SALE

4839 W 17th St Los Angeles, CA 90019

Mid-City Neighborhood
12 Beds
6 Baths
4,140 Sq Ft
7,009 Sq Ft Lot

Last Sold October 01, 2020

Last sale price $1,500,000 $362 Per Sq Ft

131 Days on Market

About This Home

As of October 2020

As the exclusive listing agent, I am pleased to present the opportunity to acquire 4839 West 17th Street, a six-unit apartment community in Mid-City. The property offers investors a unique opportunity to acquire a stable building with remaining rental upside. 4839 West 17th Street is situated just south of Venice Boulevard within the Mid-City submarket in a dense infill pocket of Los Angeles with convenient access to retail and entertainment venues on San Vicente Boulevard. The property features, on-site parking and is individually metered for electric and gas.The well-maintained property built in 1964 consists entirely of six two-bedroom/ one-bathroom units. Its 7,009 square foot lot nestles on a residential street with ample street parking. The gentrification of the surrounding area along with the remaining value-add potential for a new owner to renovate the building and achieve superior future returns moving forward make 4839 West 17th Street an excellent acquisition opportuni

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 03/13/2020

Last Buyer's Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 03/13/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,009

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Additional Features

  • 7,009 Sq Ft Lot
  • Window Unit Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-007-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4140
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 398.55

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)

Lot Info

  • Assessed Improvement Value: 109054
  • Assessed Land Value: 173974
  • Assessor Parcel Number: 5067-007-016
  • Geocode Override: No
  • Lot Size Area: 7009

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.81
  • Number Of Units: 6
  • Type Of Units: Residential

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $1,500,000 -9.1% $362 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $1,650,000 -7.8% $399 / Sq Ft
03/13/2020 03/13/20 For Sale $1,790,000 -- $432 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2020

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    4 in this area

    69 Total Sales

    Sean Rosenzweig
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Map

Source: The MLS

MLS Number: 20-564390

The MLS
California Los Angeles County Los Angeles 90019 Mid-City

4839 W 17th St, Los Angeles, CA

Not Listed for Sale

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