517 W 117th Street, Los Angeles, CA 90044

• 5,208 sqft

Property Description

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 Status:

Active

Date Added:

May 29, 2026

Data Last Updated:

July 5, 2026 at 3:08AM

Listing Office:

Marcus & Millichap : 310-909-5500

Listing Agent:

Sean Rosenzweig : 213-943-1897

MLS ID:

CL26840523

Exterior

• Parking: OtherUncovered Parking Space

Location

• County: Los Angeles

Lot

• Zoning: C2-2D-CPIO6088013024