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    The Largest CRE Database in the US with Over 1 Million Listings

    4848 W 17Th St Los Angeles, CA 90019

    Sponsored
    For Sale
    $10,278,000

    Apartment - Los Angeles, CA

    Type:Apartment
    Property size:
    20,880 SF
    Lot size:
    21,005.00 Acres
    Days on Market:
    8
    Last Refresh:
    Feb 25 at 10:06 pm

    Property Features for 4848 W 17Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
    Bedrooms
    60
    Bathrooms
    58
    APN
    5067008017
    Parking
    39
    Exterior features
    Community Features Included: Sidewalks, Landscaped
    Appliances
    Dishwasher, Freezer, Microwave, Range, Range - Gas, Refrigerator, Washer
    Size
    20,880 SF
    Lot size
    21,005.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2023
    Floors in Building
    3
    Number of units
    12
    Architectural style
    Other

    We can help!

    Listing Contact
    Lauren Cearley

    Myunits.com

    Listing agent Lauren Cearley (844) 698-6487 License #02146823

    Listing date Feb 18, 2026

    MLS# BB26036696 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Multifamily Portfolio in Los Angeles

    This is a rare opportunity to acquire three contiguous fourplexes located at 4848, 4842, and 4836 W 17th Street. This fully stabilized 12-unit portfolio consists of sixty total bedrooms across twelve expansive 5-bedroom, 5-bathroom units. Built in 2023 and fully leased across three separate APNs, the portfolio produces $785,460 in annual gross income with two years of rental history. The properties operate with zero house expenses and are separately metered for utilities. Each townhome-style residence features five bedrooms with en suite baths, 3 parking spaces per unit with 39 total parking spaces (12 garage, 21 exterior, 6 bonus), open concept layouts, oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, and wide plank flooring. Units include two full laundry sets, large closets, spa-quality bathrooms with marble tile and matte black fixtures, and private balconies. Consistent construction quality and identical layouts across all buildings create operational efficiency and long-term tenant appeal. The property is positioned in the heart of Mid City with direct access to Culver City, Miracle Mile, and the Jefferson Corridor. The lot size is approximately 0.48 acres and the property size is 20,880 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.342884
    Latitude
    34.0451463

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    FAQs

    What type of property is this?
    Apartment building - Twelve-unit portfolio in Mid City with strong income and appreciation potential.
    Where is this apartment building located?
    The property is located at 4848 W 17Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $10,278,000.
    What are key features of this property?
    This property features: - Fully stabilized 12-unit portfolio boasting a 6.04% cap rate and generating $785,460 in annual gross income.; - New construction (2023) ensures consistent quality and identical layouts, simplifying operations.; - Each unit features 5 bedrooms and 5 bathrooms, ideal for larger tenant groups.
    (209) 298-6020
    Request Owner's contact information
    4848 W 17Th St Los Angeles, CA 90019
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    Los Angeles, CA 90019
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4848 W 17Th St Los Angeles, CA 90019
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    We can help!
    Listing Contact
    Lauren Cearley
    Real Estate License ID: 02146823
    (209) 298-6020 (844) 698-6487 (213) 302-8662
    Learn more
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