4648 W 17Th St Los Angeles, CA 90019

$1,275,000 Sold Price as of 11/10/2020

8 Beds
6 Baths
3,686 Sq.Ft.

Off Market

$1,275,000 Sold Price as of 11/10/2020 Refinance Your Mortgage

Map preview of 4648 W 17Th St, Los Angeles, CA 90019

Property Overview: 4648 W 17Th St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,686 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4648 W 17Th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4648 W 17Th St

Last sold for $1,275,000 on November 10th, 2020

April, 2021
Apr 6, 2021

Date

Canceled

CRMLS: 20619618

$1,299,000

Price
Sep 29, 2020

Date

Pending

CRMLS: 20619618

$1,299,000

Price
Aug 28, 2020

Date

Price Change

CRMLS: 20619618

$1,299,000

Price
Aug 26, 2020

Date

Price Change

CRMLS: 20619618

$1,300,000

Price
Aug 17, 2020

Date

Active

CRMLS: 20619618

$1,299,000

Price
Listing provided courtesy of CRMLS

Two renovated One-Bedroom Units + Year-One 5% Cap Rate + 55% Upside!!! Spectacular 6-unit apartment building in Mid City location: one of the most Centrally Located rental markets in Los Angeles. The property was built in 1959, and consists of 2 stories, and features on-site parking for all units. Unit Mix of (4) One-bedroom/One-bathroom units and (2) Two-bedroom/One-bathroom units. With spillover from tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west, as well as from neighboring Koreatown and red hot West Adams, this asset is strategically positioned for a growing demand of tenants who want to be near everything and close to the action! Call today to schedule a tour.

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November, 2020
Nov 10, 2020

Date

Sold (Public Records)

Public Records

$1,275,000

Price
August, 2020
Aug 17, 2020

Date

Canceled

CRMLS: 20591354

$1,299,000

Price
Aug 15, 2020

Date

Withdrawn

CRMLS: 20591354

$1,299,000

Price
Aug 13, 2020

Date

Price Change

CRMLS: 20591354

$1,299,000

Price
Aug 10, 2020

Date

Price Change

CRMLS: 20591354

$1,310,000

Price
Jul 21, 2020

Date

Price Change

CRMLS: 20591354

$1,350,000

Price
Jun 16, 2020

Date

Active

CRMLS: 20591354

$1,375,000

Price
Listing provided courtesy of CRMLS

Two renovated One-Bedroom Units + Year-One 5% Cap Rate + 55% Upside!!! Spectacular 6-unit apartment building in Mid City location: one of the most Centrally Located rental markets in Los Angeles. The property was built in 1959, and consists of 2 stories, and features on-site parking for all units. Unit Mix of (4) One-bedroom/One-bathroom units and (2) Two-bedroom/One-bathroom units. With spillover from tenants who are priced out of the surrounding neighborhoods ie. Miracle Mile to the north, and Culver City to the west, as well as from neighboring Koreatown and red hot West Adams, this asset is strategically positioned for a growing demand of tenants who want to be near everything and close to the action! Call today to schedule a tour.

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August, 2020
Aug 11, 2020

Date

Expired

CRMLS: 20552710

$1,350,000

Price
Mar 20, 2020

Date

Withdrawn

CRMLS: 20552710

$1,350,000

Price
Feb 18, 2020

Date

Active

CRMLS: 20552710

$1,350,000

Price
Listing provided courtesy of CRMLS

Year-One 4% Cap Rate & 15.9 GRM and 9.0% Cap Rate & 8.7 GRM with rents at market! Central Realty Advisors is pleased to present this spectacular 6 Unit apartment building, located at 4648 W. 17th St, in Mid City, one of the most centrally located rental markets in Los Angeles. The property was built in 1959, consists of 2 stories, and features on-site surface parking for all units - No seismic retrofit required! The unit mix consists of (4) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units - with (1) one-bedroom unit already partially renovated. This property presents an incredible opportunity for an investor to reposition this asset to yield a ~9.0% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this popular & centrally located neighborhood.

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May, 2020
May 5, 2020

Date

Expired

CRMLS: 19527106

$1,350,000

Price
Dec 13, 2019

Date

Withdrawn

CRMLS: 19527106

$1,350,000

Price
Nov 5, 2019

Date

Active

CRMLS: 19527106

$1,350,000

Price
Listing provided courtesy of CRMLS

80% Upside Potential!! 3.89% current Cap Rate & 8.82% Cap Rate with rents at market!! Spectacular 6 Unit apartment building, located at 4648 W. 17th St, in Mid City, one of the most centrally located rental markets in Los Angeles. The property was built in 1959, consists of 2 stories, and features on-site parking for all units. The unit mix consists of (4) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units, with (1) one-bedroom unit already partially renovated with in unit laundry. This property presents an incredible opportunity for an investor to reposition this asset to yield a ~8.82% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this popular central Mid City location

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November, 2019
Nov 21, 2019

Date

Expired

CRMLS: 19468414

$1,365,000

Price
Jul 19, 2019

Date

Withdrawn

CRMLS: 19468414

$1,365,000

Price
May 20, 2019

Date

Active

CRMLS: 19468414

$1,365,000

Price
Listing provided courtesy of CRMLS

Year-One Cap Rate of 5.14% & 13.5 GRM!! 8.92% Cap Rate & 8.8 GRM with rents at market!! Value-Add 6 Unit building, located in the most CENTRAL area of Los Angeles, in bustling Mid-City. Perched up on the hilltop of 17th St, and delivered with two VACANT units, the property is ready for your finishing touches and designer finishes. The property was built in 1959, consists of 2 stories and features on-site Parking for All units. The unit mix consists of 4 One-bed/One-bath units, and 2 Two-bed/One-bath units. 1 of the One-bed units is partially renovated and delivered Vacant, and 1 of the Two-bed unit will be delivered Vacant as well. With tenant spillover coming from All directions including Culver City & Miracle, Mile, this property presents an opportunity for an investor to reposition this asset, and further benefit from continuously Rising Rents and Accelerated Appreciation in this perfectly positioned neighborhood.

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October, 2019
Oct 2, 2019

Date

Expired

CRMLS: 19449504

$1,365,000

Price
May 15, 2019

Date

Withdrawn

CRMLS: 19449504

$1,365,000

Price
May 14, 2019

Date

Price Change

CRMLS: 19449504

$1,365,000

Price
May 6, 2019

Date

Price Change

CRMLS: 19449504

$1,395,000

Price
Apr 12, 2019

Date

Price Change

CRMLS: 19449504

$1,399,000

Price
Apr 2, 2019

Date

Active

CRMLS: 19449504

$1,400,000

Price
Listing provided courtesy of CRMLS

Year-One 4.58% Cap Rate - with upside potential to a 8.68% Cap Rate, with rents at market! This 6 Unit apartment building is located at 4648 W. 17th St, situated in Mid City - one of the most CENTRALLY located rental markets in all of LA! The property was built in 1959, consists of 2 stories and features on-site parking for all units. The unit mix consists of (4) one-bedroom/one-bathroom units, and (2) two-bedroom/one-bathroom units. (1) one-bedroom unit is partially renovated, and (1) two-bedroom unit will be delivered VACANT, giving a new owner the opportunity to renovate and achieve market rent for this unit! This building presents an opportunity for an investor to reposition this asset to yield a 8.68% Cap Rate and further benefit from rising rents in this centrally located neighborhood, near local attractions such as Los Angeles Technology Center, CrazySugar, Planet Fitness, Pips on Labrea, The Grain Cafe, and Roscoe's House of Chicken & Waffles

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March, 2019
Mar 29, 2019

Date

Canceled

CRMLS: 19434256

$1,249,000

Price
Mar 22, 2019

Date

Pending

CRMLS: 19434256

$1,249,000

Price
Feb 19, 2019

Date

Active

CRMLS: 19434256

$1,249,000

Price
Listing provided courtesy of CRMLS

Pleased to present this 6 Unit apartment building, located at 4648 W. 17th St, in Mid City, one of the most centrally located rental markets in Los Angeles. The property was built in 1959, consists of 2 stories and features on- site parking for all units. The unit mix consists of 4 one- bedroom/one-bathroom units, and 2 two-bedroom/one- bathroom units. This property presents an opportunity for an investor to reposition this asset to yield a 9.13% Cap Rate (with rents at market) and to further benefit from continuously rising rents in this centrally located and rapidly gentrifying neighborhood. Expenses may be estimations/projections.

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August, 2015
Aug 5, 2015

Date

Sold (Public Records)

Public Records

$875,000

Price

Tax History for 4648 W 17Th St

Assessed Value (2020): $947,128

Year	Land Value	Improved Value	Assessed Value
2020	$541,216	$405,912	$947,128

About 4648 W 17Th St

Detailed summary of property

4648 W 17Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on November 10, 2020 for $1,275,000. This property has 8 bedrooms, 6 bathrooms, roughly 3,686 living square feet, and sits on an approximately 7,000 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.84% higher than the current median priced home. 4648 W 17Th St was last sold on November 10, 2020 for $1,275,000. Local nearby listings include 1914 S West View St, 2209 Buckingham Rd and 4506 Dockweiler St #405. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 4648 W 17Th St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4648 W 17Th St

Public county record property details

Beds: 8
Baths: 6
Year built: --
Sq. Ft.: 3,686
Lot Size: 7,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5071-020-041

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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