Active

4507 W 18th ST

LOS ANGELES CA, 90019

$4,250,000


$521.09 per sqft

Active

18 Beds

16 Baths

8,156 sqft

Multi-family

Built in 2022

4507 W 18th St is a rare FULLY LEASED newer construction 6 unit (4 townhomes + 2 large, attached ADU s) 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! 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 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!

BB24127656MR

MLS ID

June 27, 2024

Listed

September 13, 2024

Updated

Map

4507 W 18th ST
LOS ANGELES CA, 90019

Interior Features

Total Stories

3


Bedrooms

18


Total Bathrooms

16


Appliances

Dishwasher, Dryer, Dryer Included, Freezer, Gas Dryer Hookup, Inside, Microwave, Refrigerator, Washer, Washer Hookup, Washer Included


Laundry Description

Dryer, Dryer Included, Gas Dryer Hookup, Inside, Washer, Washer Hookup, Washer Included


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.16 Acres


Architectual Style

Modern


Sewer

Public Sewer

Other Property Details

Area Name

Mid Los Angeles


Taxes

$50,975


Tax Frequency

Annually


Days on Market

8


Garage

Yes


Garage Spaces

1


Parking

Assigned


Parking Total

5


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5

Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Nick Hertz | CA DRE #1992715 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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