$10,278,000

4848, 4842, and 4836 W 17th Street are an exceptionally rare opportunity to acquire three contiguous fourplexes, a fully stabilized 12-unit portfolio consisting of sixty total bedrooms across twelve expansive 5-bedroom, 5-bathroom units, delivering a true 6.04% cap rate. Opportunities to acquire side-by-side new construction assets with uniform unit mix, scale, and proven income history at this level of return in Mid City are virtually nonexistent. Built in 2023 and fully leased across three separate APNs, the portfolio produces $785,460 in annual gross income with two years of rental history and minimal turnover. The properties operate with zero house expenses, are separately metered for utilities, and due to their contiguous configuration may qualify for either residential or commercial financing, providing investors flexible capital structuring options. Each townhome-style residence features five bedrooms with en suite baths, 3 parking spaces per unit with 39 total parking spaces (12 garage, 21 exterior, 6 bonus), open concept layouts, oversized marble waterfall islands, sleek cabinetry, stainless steel LG appliances, designer lighting, and wide plank flooring. Units include two full laundry sets, large closets, spa-quality bathrooms with marble tile and matte black fixtures, and private balconies. Consistent construction quality and identical layouts across all buildings create operational efficiency and long-term tenant appeal. Positioned in the heart of Mid City with direct access to Culver City, Miracle Mile, and the Jefferson Corridor, this offering combines immediate stabilized cash flow with long-term appreciation potential in one of Los Angeles’ most active rental corridors.