4525 W 17th St, Los Angeles, Los Angeles County, CA, 90019 Los Angeles CA US

USD 1,495,000
For Sale MLS: 22-223799

Property Details

Bedrooms

15

Bathrooms

1

Neighborhood

Mid-City

Property Type

MultiFamily

Description

Calling ALL DEVELOPERS & INVESTORS! A spectacular RTI Development Opportunity to build 5 spacious non-rent controlled units consisting of a three story double duplex + ADU claiming a total of 15 Beds and 17 Baths, located in the heart of thriving Mid-City. These luxury units will be separately metered featuring modern open floor plans, on grade parking, substantial balconies giving city views and spacious bedrooms throughout all levels of the buildings. This proposed development declares attractive futuristic expectations after completion such as an appealing cap rate and a projected annual gross rental income of $250,000/year. An advantageous opportunity located just steps away from the Midtown Shopping Center and a quick drive to the Arts District, Culver City Steps and Ivy Station which houses Amazon Studios, HBO, Sony Pictures and other prestigious tech companies. Find out more about this property. Request details here

Location

Address

4525 W 17th St, Los Angeles, California 90019, United States

City

Los Angeles

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