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4849 W 17th Street

Los Angeles (City), CA 90019
  • $855,000
  • STATUS: Closed
  • ON SITE: 288 Days
  • MLS #: SB23121452
Sold - 04/18/2024
$855,000
SOLD - 04/18/2024
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Marlon Dorsey of MWD * Associates (888-410-1330)


Description

***REDUCED***Introducing a fantastic property listing in a desirable midtown LA Pico/Rimpau neighborhood, featuring three units with one unit detached and immense upside potential. This well-maintained property offers a perfect opportunity for both investors and owner occupants looking to generate supplemental income.Centrally located, this property boasts close proximity to the vibrant midtown shopping center, providing convenience and endless possibilities for shopping, dining, and entertainment. With easy access to downtown LA, Culver City, Venice, and Santa Monica via Venice Blvd, residents can enjoy the best of what these bustling areas have to offer.Transportation is a breeze with the nearby Metrorail Expo Line and the Crenshaw LAX line, making commuting and exploring the city a breeze. Whether you're heading to work, exploring LA's famous landmarks, or enjoying the sandy beaches, you'll have convenient access to all of it.Each unit offers separate garages, ensuring privacy and convenience for residents. This feature adds tremendous value to the property, making it even more appealing to potential tenants or homeowners.This property presents an excellent opportunity for savvy investors looking to capitalize on the thriving real estate market in the heart of LA. The detached unit offers the potential for various uses, such as a private office, guest suite, or creative studio, providing endless possibilities for customization and increased rental income.For owner occupants seeking a central location to call home, this property offers the chance to live in one unit while renting out the others for supplemental income. It's a smart financial move that allows you to offset your mortgage or cover expenses while enjoying the benefits of homeownership.Don't miss out on this great opportunity to invest in a well-maintained property with immense potential and excellent location. Contact us today to schedule a viewing and discover the countless possibilities this property holds.

Sold by Marlon Dorsey of MWD * Associates.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/141288739
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4849 W 17th Street Los Angeles (City), CA 90019

  • Price: $1,250,000
  • Status: Closed
  • On Site: 288 Days
  • Updated: 19 min ago
  • MLS #: SB23121452
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1924
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
***REDUCED***Introducing a fantastic property listing in a desirable midtown LA Pico/Rimpau neighborhood, featuring three units with one unit detached and immense upside potential. This well-maintained property offers a perfect opportunity for both investors and owner occupants looking to generate supplemental income.Centrally located, this property boasts close proximity to the vibrant midtown shopping center, providing convenience and endless possibilities for shopping, dining, and entertainment. With easy access to downtown LA, Culver City, Venice, and Santa Monica via Venice Blvd, residents can enjoy the best of what these bustling areas have to offer.Transportation is a breeze with the nearby Metrorail Expo Line and the Crenshaw LAX line, making commuting and exploring the city a breeze. Whether you're heading to work, exploring LA's famous landmarks, or enjoying the sandy beaches, you'll have convenient access to all of it.Each unit offers separate garages, ensuring privacy and convenience for residents. This feature adds tremendous value to the property, making it even more appealing to potential tenants or homeowners.This property presents an excellent opportunity for savvy investors looking to capitalize on the thriving real estate market in the heart of LA. The detached unit offers the potential for various uses, such as a private office, guest suite, or creative studio, providing endless possibilities for customization and increased rental income.For owner occupants seeking a central location to call home, this property offers the chance to live in one unit while renting out the others for supplemental income. It's a smart financial move that allows you to offset your mortgage or cover expenses while enjoying the benefits of homeownership.Don't miss out on this great opportunity to invest in a well-maintained property with immense potential and excellent location. Contact us today to schedule a viewing and discover the countless possibilities this property holds.
Exterior Features

Entry Level 1 Entry Location Ground Lot Features Back YardFront YardLevelPaved Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)All Bedrooms Down

Property Features

Additional Parcels YN No Buyer Financing Cash Common Interest None Community Features CurbsGutter(s)Street LightsSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 39059 Gross Scheduled Income 39059 Insurance Expense 1500 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventionalFHAFannie MaeFreddie MacOwner May Carry Net Operating Income 31559 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 7500 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasTelephone Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 6000 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Marlon Dorsey of MWD * Associates (888-410-1330)