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$975,200
Est. payment /mo
5 Beds
8,879 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25244705
Bedrooms 5
Lot Size 8,879 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
Welcome to 1123 W 18th Street, a rare 4-Unit Investment Opportunity located in the rapidly developing Pico-Union Area, just minutes from Downtown Los Angeles, USC, LA Live, and Major Freeways. This well maintained Multi-Family Property features Four spacious Units, offering an excellent option for both Investors and Owner Occupants seeking immediate rental income with upside potential. Each unit offers functional layouts, great natural light, and classic character that reflects the charm of early Los Angeles architecture. Situated on an LARD1.5 Zoned Lot, this property provides excellent Re-Development and ADU potential. The area continues to benefit from strong rental demand, proximity to public transit, and ongoing neighborhood revitalization, making this a Strategic Long Term Hold or Valued Investment. Dont miss the opportunity to secure a property with both current Cash flow and Future upside in one of Los Angeles most promising Areas!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction S Union Ave & W 18th St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5135016009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Angelica Suarez Estate Properties
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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