4507 W 18th Street, Los Angeles, CA 90019
- $4,250,000
- $521
- $4,250,000
- $521
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
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Address: 4507 W 18th Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90019
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Area: C16 - Mid Los Angeles
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Country: United States
Details
Updated on July 13, 2024 at 8:48 am-
Property ID SGR-33244172
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Price $4,250,000
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Land Area 7002.00 m²
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Garage 1.00
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Year Built 2022
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Property Type Residential Income
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Property Status For Sale
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Living Area 8156.00
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MLS# BB24127656
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Office Name MYUNITS.COM INC.
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Agent Name Elizabeth Maddox
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MLS Status Active
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Living Area Prefix Sqft
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Agent State License 01921425
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IDX Contact Info 818-850-8485
Additional details
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View City Lights,Neighborhood
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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Green Verification 1
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Tax Annual 50975.00
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Flooring Vinyl
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County Los Angeles
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Property SubType Apartment
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Parking 5.00
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Water Source Public
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