4505 W 18th, Los Angeles, CA 90019

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Glen Henderson

[email protected] +1(619) 889-7646

$3,890,000

Est. payment - /mo

14 Beds

12 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25017862

Bedrooms 14

Property Sub-Type Res Income 2-4 Units

Property Description

4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime MidCity! This is fully stabilized at phenomenal rents, boasting a real 5.76% 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 trilevel 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! This 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. Now is the time to place your money in high 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!

Location

State CA

County Los Angeles

Zoning Builder

Direction Just 5 minutes north of the I-10 via La Brea (exit, head north, right on 18th St), 4507 W 18th St is a newly built, no-rent-cont

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Tax ID 5071021036

Virtual Tour https://www.myunits.com/buy/450518th

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Listed by Lauren Cearley Myunits.com Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4505 W 18th Los Angeles, CA 90019

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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