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