4505 W 18th Active

Los Angeles,CA 90019

$ 3995000

- Bed

- Bath

8152 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,152 sqft

Price per Sqft $490

MLS Listing ID CRBB25017862

Year Built 2022

Lot Size 7,000 Sqft

Property Sub-Type Other

Property Description

4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Five of the units are stabilized at phenomenal rents, boasting a 5.75% CAP RATE!! The one vacant unit 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 Cul

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Laundry Dryer,Washer,Other,Inside

Exterior

View City Lights,Other

Building

Lot Description Other

Water Public

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