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4507 W 18th Street
Los Angeles, CA 90019
Residential Multi Family (Apartment)
0.16 Acres
8156 Sqft Living Area
18 Bedrooms
16 Bathrooms (16 Full, 0 Half)
Year Built: 2022
$4,250,000
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Property Description
The 5+ Unit Specialists are pleased to present 4507 W 18th St, 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!
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Contact Details
Name: Elizabeth Maddox
Email: elizabeth@myunits.com
MLS Listing Id: BB24127656
Agent Phone: (818) 850-8485
List Agent License: 01921425
Office Name: Myunits.com Inc.
Office Phone: (818) 859-7242
Office MLS Id: BH5345657
Listing Status: Active
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Copyright © 2024 OpenHous, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
