REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Glen Henderson

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

$3,995,000

Est. payment - /mo

8 Beds

6 Baths

6,534 Sqft Lot

Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25220483

Bedrooms 8

Lot Size 6,534 Sqft

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

Quarter Million Dollar Price Reduction HIGHLIGHTS: RECENT QUARTER MILLION DOLLAR PRICE REDUCTION / Strong yield with a current in-place CAP Rate of 5.72% & a ProForma CAP Rate of 5.94% / Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant / Rental Demand & Growth Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size / 6082 W 18th (Front) Townhome-Style Unit 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat 2 Bed / 1 Bath, 960 sq. ft. (3rd level) / 6084 W 18th (Middle) Flat 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels) / 6086 W 18th (Rear) Townhome-Style Unit 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level) 60826086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent lighting, and generous floor plans, ideal for todays urban lifestyle. 3 Townhome-Style Units Spacious two-level residences averaging 1,234 sq. ft., ideal for families and professionals seeking larger layouts. 3 Flats Efficient single-level residences averaging 842 sq. ft., well-suited for students, singles, and couples.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Located on West 18th Street.n

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5066005004

Read Less Info

Listed by ALBERT LE, DRE#01468313 LE INVESTMENT GROUP

Nearby School & Business

Get More Information

Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

6082 W 18th Street Los Angeles, CA 90035

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information