1304 W 17th St - Multi-Family FOR SALE


Los Angeles, CA 90006- Pico-Union
$1,525,000 USD
310-259-7556
1304 W 17th St, Los Angeles, CA for Sale
$1,525,000 USD
Multi-Family - FOR SALE
1/13
null | 7.01% Cap Rate

1304 W 17th St
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • Immediate income, operating at a 9.99 GRM and 7.01% Cap rate.
  • Ideal for owner-users entering the LA multifamily market or investors scaling a value-add portfolio.
  • Desirable unit mix: (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, (2) 2-Bed/2- Bath.
  • Approx. 29% rental upside, with projected stabilization at 7.74 GRM and 9.53% Cap rate.
  • Desirable location, minutes to major employment centers (Culver City, DTLA, Koreatown tech and media offices) and key freeways, supporting long-term r

OVERVIEW

This updated 7-unit multifamily at 1304 W 17th Street offers a strong mix of (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (2) 2-Bed/2-Bath units delivered fully occupied and generating immediate income at 9.99 GRM and 7.01% Cap rate, with renovated interiors across a prime urban lot. Ideal for both owner-users and investors seeking cash flow and scalable value-add in vibrant Pico-Union. Includes 9 Parking Spaces! Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms,ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. Excellent value- add potential through 29% rental upside to stabilize at 7.74 GRM and 9.53% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!! Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. 1304 W 17th Street delivers immediate yields and long-term hold potential.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$303 USD /SF

# OF UNITS

7

PRICE/UNIT

$217,857

CAP RATE

7.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1304 W 17th St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LARD1.5

APN/PARCEL ID

5135-010-008

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.