Updated Multifamily Investment
For Sale
Contact for pricing
Pending
1304 W 17th St, Los Angeles, CA 90006
Seven-unit multifamily property in Pico-Union/Westlake, Los Angeles.
Property Size5,037 SF
Days on Market203
Property Features for 1304 W 17th St
General Information
Standard status
Pending
Size
5,037 SF
Class
B
Total Parking Spaces
9
Property subtype
Multifamily
Zoning
LARD1.5
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$106,928
Building Details
Year Built
1902
Buildings
1
Stories
2
Units
7
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 259-7556
Listed By:
Cameron Samimi · License #CA 02035763
Source:
Crexi
Added: Feb 4
Changed: Aug 12
Last Checked: Aug 25 at 12:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate
Investment Insights
Based on property information with market context.
This updated seven-unit multifamily property is located at 1701 S Bonnie Brae St. The unit mix comprises three one-bedroom, one-bathroom units, two two-bedroom, one-bathroom units, and two two-bedroom, two-bathroom units. The property is delivered fully occupied and generating immediate income. Renovated units feature modern upgrades, including luxury vinyl plank flooring, updated kitchens, remodeled bathrooms, ceiling fans, fresh paint, and living room fireplaces. The property offers pet-friendly appeal, air conditioning, included refrigerators, and optional assigned parking. There are nine parking spaces. Situated in the Pico-Union/Westlake location, the property has easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta. The property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. The property size is 5037 square feet.
Key Highlights
- Fully occupied 7‑unit multifamily property generating immediate income with a 6.51% Cap rate.
- Significant value‑add potential with 29% rental upside, leading to an impressive 8.87% Cap rate.
- Prime Pico‑Union location with easy access to freeways, Downtown LA, USC, Koreatown, and major employment hubs.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property in Pico-Union/Westlake, Los Angeles.
Where is this apartment building located?
The property is located at 1304 W 17th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Fully occupied 7‑unit multifamily property generating immediate income with a 6.51% Cap rate.; Significant value‑add potential with 29% rental upside, leading to an impressive 8.87% Cap rate.; Prime Pico‑Union location with easy access to freeways, Downtown LA, USC, Koreatown, and major employment hubs.
