1035 W 17th Los Angeles CA 90015 | MLS #SB26116412

There are multiple listings for this address:
1035 W 17th
Los Angeles, CA, 90015
$1,999,999
Beds
0 Baths
0 SqFt
0.21 Acres
Add
Exceptional investment opportunity in the heart of Pico-Union, Los Angeles. This well-maintained 12-unit multifamily property at 1035 W 17th Street offers stable cash flow with significant upside potential. Built in 1964, the property sits on a 9,365 SF lot with 10,520 SF of rentable space, featuring a desirable unit mix of studios, one-bedroom, and two-bedroom apartments.

Currently operating at 100% occupancy with all tenants on a month-to-month basis, providing maximum flexibility for future rent adjustments. The property has been owned by the same family since 1982 and has undergone key capital improvements including seismic retrofitting and plumbing upgrades — both permits in place.

The current cap rate is 6.78% with a pro forma cap rate of 9.78%, reflecting substantial rental upside as current rents remain well below market rate. Self-managed with no management fee, keeping operating expenses lean. Conveniently located minutes from Downtown Los Angeles, the 110 Freeway, L.A. LIVE, and Crypto.com Arena.

$2,000,000 Now $1,900,000 | 12 Units | Cap Rate: 6.78% | Pro Forma Cap: 9.78% | Price/Unit: $158,333

Property Details

Price:
$1,999,999
MLS #:
SB26116412
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
kreakoreatown
Listed Date:
May 28, 2026
Total Sq Ft:
10,520
Lot Size:
9,354 sqft / 0.21 acres (approx)
Year Built:
1964
Krea – KoreatownKreakoreatown

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Schools

Interior

Laundry Features
NO

Exterior

Financial

Taxes
$7,193

Map

Community

Market Summary

Current real estate data for Commercial in Los Angeles as of Oct 04, 2026
340
Commercial Listed
159
Avg DOM
942
Avg $ / SqFt
$2,626,290
Avg List Price

Property Summary

    1035 W 17th Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90015. It is listed for $1,999,999 To schedule a showing of MLS#sb26116412 at 1035 W 17th in Los Angeles, CA, contact your Compass agent at 310.409.7242.

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1035 W 17th
Los Angeles, CA
1035 W 17th
Los Angeles, CA, 90015
$1,899,999
Beds
0 Baths
0 SqFt
0.21 Acres
Add
Exceptional investment opportunity in the heart of Pico-Union, Los Angeles. This well-maintained 12-unit multifamily property at 1035 W 17th Street offers stable cash flow with significant upside potential. Built in 1964, the property sits on a 9,365 SF lot with 10,520 SF of rentable space, featuring a desirable unit mix of studios, one-bedroom, and two-bedroom apartments.

Currently operating at 100% occupancy with all tenants on a month-to-month basis, providing maximum flexibility for future rent adjustments. The property has been owned by the same family since 1982 and has undergone key capital improvements including seismic retrofitting and plumbing upgrades — both permits in place.

The current cap rate is 6.78% with a pro forma cap rate of 9.78%, reflecting substantial rental upside as current rents remain well below market rate. Self-managed with no management fee, keeping operating expenses lean. Conveniently located minutes from Downtown Los Angeles, the 110 Freeway, L.A. LIVE, and Crypto.com Arena.

$2,000,000 Now $1,900,000 | 12 Units | Cap Rate: 6.78% | Pro Forma Cap: 9.78% | Price/Unit: $158,333

Property Details

Price:
$1,899,999
MLS #:
SB26214528
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
kreakoreatown
Listed Date:
Oct 1, 2026
Total Sq Ft:
10,520
Lot Size:
9,354 sqft / 0.21 acres (approx)
Year Built:
1964
Krea – KoreatownKreakoreatown

Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
NO

Exterior

Financial

Taxes
$7,193

Map

Community

Market Summary

Current real estate data for Commercial in Los Angeles as of Oct 04, 2026
340
Commercial Listed
159
Avg DOM
942
Avg $ / SqFt
$2,626,290
Avg List Price

Property Summary

    1035 W 17th Los Angeles CA is a Commercial for sale in Los Angeles, CA, 90015. It is listed for $1,899,999 To schedule a showing of MLS#sb26214528 at 1035 W 17th in Los Angeles, CA, contact your Compass agent at 310.409.7242.

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