517 W 117th Street, Los Angeles, CA 90044
Local realty services provided by:ERA Carlile Realty Group
517 W 117th Street,Los Angeles, CA 90044
$1,545,000
- 12 Beds
- 12 Baths
- 5,208 sq. ft.
- Multi-family
- Active
Listed by: sean rosenzweig
Office: marcus & millichap310-909-5500
MLS#:26840523
Source:CRMLS
Price summary
- Price:$1,545,000
- Price per sq. ft.:$296.66
About this home
We are pleased to offer for sale 517 West 117th Street, a six-unit apartment community located in South Los Angeles, alongside the 105 Freeway.Built in 2007, the property is comprised of six two-bedroom / one-and-a-half-bath townhome-style units, each featuring in-unit washer/dryer hookups (one unit includes a washer/dryer) and assigned, gated parking. Situated on a generous 15,311-square-foot lot, the property is improved with a 5,208-square-foot building, leaving substantial excess land that may offer additional development potential. One option may be to add six ADUs, offering an opportunity to expand density, income, and long-term value.Beyond the existing improvements, the property's C2-2D-CPIO zoning and Tier 4 TOC designation present significant redevelopment potential. Based on the 15,311 SF lot, the property may support over 70 units by right without the use of ED1 offering a compelling long-term development opportunity.517 West 117th Street offers investors the opportunity to acquire a newer construction multifamily asset with the potential to increase density in a well-located infill pocket of South Los Angeles. The property provides immediate access to the 105 Freeway and is conveniently situated near a wide range of retail amenities and daily services.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS....
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Home facts
- Year built:2007
- Listing ID #:26840523
- Added:119 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:12
- Living area:5,208 sq. ft.
Structure and exterior
- Year built:2007
- Building area:5,208 sq. ft.
- Lot area:0.35 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,545,000
- Price per sq. ft.:$296.66
Parking
- Total parking spaces:12
- Parking description:Uncovered
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