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4553 W 17th St
Los Angeles, CA 90019
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Eight-unit multifamily property in central Los Angeles location.
- Reported 2025 NOI of $142,773 and CAP rate of 6.21%.
- Close to major thoroughfares, employment hubs, and retail amenities.
- Strong in-place income stream with Section 8 guaranteed rents.
- On a 7,002 sq. ft. lot with potential for value-add improvements.
- Stable occupancy with long-term renters provides reliable cash flow.
Executive Summary
Offered for sale is an 8-unit multifamily asset in the sought-after Mid-City area of Los Angeles. This well-maintained property consists of a mix of one- and two-bedroom layouts, delivering stable cash flow with current monthly rental income exceeding $14,700. The building spans 5,630 sq. ft. on a 7,002 sq. ft. lot and benefits from long-term tenants, several on Section 8, ensuring dependable occupancy. Operating data for 2025 reflects an NOI of approximately $142,773 and a CAP rate of 6.21%, highlighting the investment’s strong income profile. With consistent rent collections, low vacancy risk, and potential upside through unit upgrades, investors have an opportunity to secure a reliable income-generating asset in one of Los Angeles’ steady rental markets. The property’s excellent access to major arteries, employment centers, and urban conveniences positions it as an attractive acquisition for both seasoned and first-time multifamily investors.
Property Facts
| Price Per Unit | $393,993 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.21% | Building Size | 5,630 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $393,993 CAD |
| Sale Type | Investment |
| Cap Rate | 6.21% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,630 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Property Taxes
| Parcel Number | 5071-014-058 | Improvements Assessment | $935,573 CAD |
| Land Assessment | $1,715,219 CAD | Total Assessment | $2,650,792 CAD |
Property Taxes
Parcel Number
5071-014-058
Land Assessment
$1,715,219 CAD
Improvements Assessment
$935,573 CAD
Total Assessment
$2,650,792 CAD
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