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Two-Story 8-Unit Apartment Building
For Sale
$2,200,000

4553 W 17th, Los Angeles, CA 90019

Fully occupied two-story apartment building with laundry income and ample on-site parking in back.

Property Size5,630 SF
Price / SF$390.76
Days on Market136

Property Features for 4553 W 17th

General Information

Standard status Active
Size 5,630 SF
Property subtype Apartment
Occupancy 100%

Additional Details

Cap Rate 6%
Multifamily Units 8

Building Details

Building Size 5,630 SF
Year Built 1962
Buildings 1
Stories 2
Listing Agency: Realty ONE Group West
Listed By: Alvin Benipayo · License #01085934
Source: Carolinakramer
Added: Mar 18 Changed: Jul 30 Last Checked: Jul 30 at 11:35PM

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 Realty ONE Group West

Investment Insights

Based on property information with market context.

Two-story apartment building built in 1962 offering eight units with 10 bedrooms and eight baths. The property includes laundry income and is described as clean and well maintained.

The building is fully occupied. On-site parking is available in the back, supporting day-to-day tenant needs and reducing reliance on street parking. The property size is listed as 5,630.

The transaction is for sale, and the remarks include an approximate cap rate of 6%.

Key Highlights

  • Fully occupied eight‑unit apartment building
  • Two‑story structure built in 1962
  • 10 bedrooms and eight baths across eight units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Skin Care Clinic Travel Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,675
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied two-story apartment building with laundry income and ample on-site parking in back.
Where is this apartment building located?
The property is located at 4553 W 17th Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Fully occupied eight‑unit apartment building; Two‑story structure built in 1962; 10 bedrooms and eight baths across eight units
More about this property
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