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.
Property Details
Price:
$2,225,000
MLS #:
25555181
Status:
Active
Baths:
0
Address:
4546 W 17th Street
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jun 20, 2025
State:
CA
ZIP:
90019
Lot Size:
7,004 sqft / 0.16 acres (approx)
Year Built:
1964
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Schools
Interior
Appliances
Refrigerator
Heating
Wall Furnace
Exterior
Parking Features
Concrete
Parking Spots
4.00
Stories Total
2
Financial
Tenant Pays
Gas
Map
Community
- Address4546 W 17th Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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4546 W 17th Street
Los Angeles, CA
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