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2408 E 17th St
For Sale $1,540,000
$1,540,000
- 4 Units
- Unknown Sq Ft
- 6,401 Sq Ft
- Unknown Cap Rate
Description
2408 E. 17th Street presents an exceptional four-unit multifamily investment opportunity. Four spacious townhome-style units, each offering 3 bedrooms and 1.5 bathrooms. The consistent unit mix supports strong long-term rental demand and operational simplicity.
Offered below replacement cost, this asset represents a compelling opportunity to acquire a well-configured four-unit property in a supply-constrained market.
Situated on a 6,401 SF lot, the property offers approximately 5,022 SF of rentable space and includes 8 uncovered parking spaces, providing two dedicated spaces per unit—a rare amenity for comparable properties. The oversized parking area offers additional upside, with potential to add up to four (4) detached ADUs (buyer to verify).
All units are separately metered for gas and electricity, and the layout is well suited for implementing utility bill-backs or RUBS, offering an opportunity to further reduce landlord expenses and enhance NOI.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,540,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1972 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7260012001 |
| MLS # | PW26016842 |
| Property ID | 322534361 |
| Lot Sqft | 6,401 |
| Zoning | LBR2N |
| Total Units | 4 |
| Days on Market | 2 |
| Original List Price | $1,540,000 |
| Date Updated | January 23, 2026 |
| Date Created | January 23, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,050 | $0 |
| Net Income (Yr) | $ 79,393 |
Listing Provided By
Luen Song an agent of . Lic #01733206
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 23, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT