This updated 7-unit multifamily at 1304 W 17th St offers a strong mix of (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, and (2) 2-Bed/2-Bath units delivered fully occupied and generating immediate income at 9.99 GRM and 7.01% Cap rate, with renovated interiors across a prime urban lot. Ideal for both owner-users and investors seeking cash flow and scalable value-add in vibrant Pico-Union.
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. Excellent value-add potential through 29% rental upside to stabilize at 7.74 GRM and 9.53% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!!
Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. 1304 W 17th St delivers immediate yields and long-term hold potential.
AGENT: Cameron Samimi LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.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. Excellent value-add potential through 29% rental upside to stabilize at 7.74 GRM and 9.53% Cap rate, with opportunities to optimize rents amid strong LA multifamily demand and low vacancy trends. Current Management is offering to continue a 3% Fee for NEW Owners!!
Situated in the Pico-Union/Westlake location with easy access to I-10/110 Freeways, Downtown LA, USC, Koreatown, and employment hubs like Sony, Apple, HBO, Google, and Meta, this property blends turnkey income with future appreciation in one of Los Angeles’s most accessible rental markets. 1304 W 17th St delivers immediate yields and long-term hold potential.
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1304 W 17th Street
Los Angeles, CA
Property Details
Price:
$1,525,000
MLS #:
SB26071062
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c16midlosangeles
Listed Date:
Apr 2, 2026
Total Sq Ft:
5,037
Lot Size:
6,380 sqft / 0.15 acres (approx)
Year Built:
1902
See this Listing
Schools
Interior
Laundry Features
NO
Levels
U
Exterior
Common Walls
_2CW
Community Features
SUB, PARK
Garage Spaces
2
Parking Spots
11
Parking Total
11
Financial
Map
Community
- Address1304 W 17th Street Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
