• Asking Price $4,250,000
  • Estimated Value: $4,335,897

  • 4507 W 18TH ST LOS ANGELES, CA 90019

  • 3 Beds 1 Bath 8,156 SqFt
  • Single Family Home / Resale (MLS)
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Property Details for 4507 W 18TH ST, LOS ANGELES, CA 90019

Features

  • Price/sqft: $521
  • Lot Size: 7000 sq. ft.
  • Total Units: 1
  • Total Rooms: 12
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Laundry
  • Heating: Central Furnace
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1917
  • Property ID: 895092408
  • MLS Number: BB24127656
  • Parcel Number: 5071-021-036
  • Property Type: Single Family Home
  • County: LOS ANGELES
  • Legal Description: TRACT NO 666 LOT/SEC 16 BLK/DIV/TWN C
  • Zoning: LARD1.5
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. The 5+ Unit Specialists are pleased to present 4507 W 18th St, a rare FULLY LEASED newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime Mid-City! All six units are rented at phenomenal rents, boasting a 5.40% CAP RATE!! This premium new construction property is comprised of two massive buildings (a whopping 8,156 square feet!) containing two expansive 4 bedroom, 3 bathroom tri-level units, two 3 bedroom, 3 bathroom tri-level units, and two large 2 bedroom, 2 bathroom units. In addition to its incredible design and curb appeal, 4507 W 18th St boasts NO RENT CONTROL, high return, and separate meters for all utilities!nnThis totally turnkey 6-unit features washers and dryers in all units, stainless steel appliances, high ceilings, massive balconies off the living rooms and bedrooms, ample windows letting in tons of natural light, gorgeous modern kitchens and bathrooms, and beautifully designed landscaping. nnNow is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!

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Property Brokerage: Myunits.com 630 N. Glenoaks Burbank CA 91501
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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