4505 W 18Th, Los Angeles, CA 90019
-
Listed Price :
$4,199,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
2022
Property Description
4507 W 18th St is a rare FULLY LEASED newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Four of the units are stabilized at phenomenal rents, boasting a 5.29% CAP RATE!! The two vacant units are listed on the rental market now and can be delivered leased or vacant! 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!
Interior Features
| Laundry Information |
| Location(s) |
Washer Hookup, Electric Dryer Hookup, Inside |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
4505 W 18Th |
| City |
Los Angeles |
| State |
CA |
| Zip |
90019 |
| County |
Los Angeles |
| Listing Agent |
Elizabeth Maddox DRE #01921425 |
| Courtesy Of |
Myunits.com Inc. |
| List Price |
$4,199,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
7,000 |
| Year Built |
2022 |
Listing information courtesy of: Elizabeth Maddox, Myunits.com Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 25th, 2025 at 1:52 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
