4507 W 18th Street, Los Angeles, CA 90019

  • $4,250,000
  • $521
4507 W 18th Street, Los Angeles, CA 90019
For Sale
4507 W 18th Street, Los Angeles, CA 90019
  • $4,250,000
  • $521

Overview

Property ID: SGR-33244172
  • Residential Income
  • Property Type
  • 1.00
  • Garage
  • 2022
  • Year Built

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! 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!

  • Address 4507 W 18th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90019
  • Area C16 - Mid Los Angeles
  • Country United States

Details

Updated on July 13, 2024 at 8:48 am
  • Property ID: SGR-33244172
  • Price: $4,250,000
  • Land Area: 7002.00 m²
  • Garage: 1.00
  • Year Built: 2022
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 8156.00
  • MLS#: BB24127656
  • Office Name: MYUNITS.COM INC.
  • Agent Name: Elizabeth Maddox
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01921425
  • IDX Contact Info: 818-850-8485

Additional details

  • View: City Lights,Neighborhood
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central
  • Green Verification: 1
  • Tax Annual: 50975.00
  • Flooring: Vinyl
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 5.00
  • Water Source: Public

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