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517 W 117th Street Los Angeles, CA 90044
$1,545,000 12 beds, 12 baths
5, 208 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26840523
List price is $1,545,000 Reduced by $50,000 on 8/12/2026
Beds: 12
Baths: 12
Built in 2007
5,208 sqft
2 stories
0.35 acres
Lot size: 0.3515
County: Los Angeles
Zoning: C2-2D-CPIO
Parking description: Uncovered
MLS area: C36 - Metropolitan Southwest

Last Updated: 9/28/2026

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.927625, -118.283039.
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Listing Agent: Sean Rosenzweig
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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