4842 W 17th St is a fully leased luxury fourplex delivering a true 6.02% cap rate with all units due for rent increases. 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. The asset can be acquired individually or as part of a rare three building portfolio, with identical twin properties on each side creating a 12 unit, 60 bedroom collection. 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.
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.
Listed by Lauren Cearley
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License #02146823
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Myunits.com Inc.
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209-298-6020
Listed by Cheyenne Womack
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License #02064825
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Myunits.com Inc.
Last updated November 14, 2025
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Source: CRMLS #BB25253793
Listing Facts
TypeMulti-family
NeighborhoodMid City
Days on Prevu27
Taxes$40,781/year
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
11/13/2025
Listed by Myunits.com Inc.
$3,499,000
Property Details for 4842 W 17th Street
Association
Amenities
Community Features: Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Condition: Turnkey
Stories Total: 3
Window Features: Double Pane Windows
Year Built: 2023
Architectural Style: Modern
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Ground Level
Exterior Features: Lighting
Features
Road Frontage Type: City Street
View: City Lights, Neighborhood
Measurements
Building Area Total: 7,005
Building Area Units: Square Feet
Lot Features: Landscaped
Lot Size Acres: 0.16
Lot Size Area: 7,001
Lot Size Source: Public Records
Lot Size Square Feet: 7,001
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.02
Gross Income: $266,580.00
Operating Expense: $47,784.00
Taxes
Parcel Number: 5067008018
Tax Annual Amount: $40,781.00
Interior
Features
Appliances: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Interior Features: Open Floorplan, Recessed Lighting, Instant Hot Water
Other
Location
Tax Lot: 51
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 9
Parking Features: Garage, Uncovered
Parking Total: 13
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: Standard
Heating: Central
Has Heating: Yes
Laundry Features: Washer Hookup, Electric Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 4842 W 17th Street.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 4842 W 17th Street.
What are the annual taxes for 4842 W 17th Street?
Annual taxes for this multi-family home are estimated at $40,781.
How does 4842 W 17th Street compare to other multi-family homes in Mid City?
This multi-family home is listed 68% above the average price for multi-family homes in Mid City and has been on the market for 140 less days than the typical home in this area.
4842 W 17th Street is a -bedroom multi-family home for sale in Los Angeles CA 90019. Available on Prevu for 27 days at $3,499,000. This residence is located in Mid City. The median listing price for multi-family homes in this area is $1,599,950. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.