517 West 117th Street

Los Angeles CA 90044

5208 sq. ft.

15311 sq. ft.

Other

Last sold for $1,500,000

Sean Rosenzweig, last sold this property on 05 October 2026 after 128 days on market.

Overview

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.

Features

12 bedrooms

12 bathrooms

12 carspaces

5208 sq. ft. floor area

15311 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 12 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 517 West 117th Street

2026

Sold

$1,500,000

05 Oct 2026 by Sean Rosenzweig, of Marcus & Millichap

2017

Sold

$1,185,000

26 Jul 2017 by Lu Wang, of United Real Estate Los Angeles

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