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4559 W 18th Street
Los Angeles, CA 90019
Residential Multi Family (Quadruplex)
0.13 Acres
5860 Sqft Living Area
14 Bedrooms
15 Bathrooms (14 Full, 1 Half)
Year Built: 2023
$2,995,000
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Property Description
The 2-4 Unit Specialists are pleased to present 4559 W 18th St, a FULLY LEASED luxury NON-RENT CONTROLLED fourplex (triplex + ADU) in prime Mid-City! This property boasts a real 5.22% cap rate, NO RENT CONTROL, all separate meters, premium luxury finishes, and a 1-year builder's warranty! Step into a top of the line, easy to manage investment that furnishes a high return on day one of ownership. 4559 W 18th St is made up of one 4 bedroom, 4.5 bathroom unit with a massive back deck (rented at $4,676), two 4 bedroom, 4 bathroom townhomes with huge balconies (rented at $4,999 and $4,800), and one spacious 2 bedroom, 2 bathroom ADU (rented at $2,700). Finding 4 units for less than 3 million is nearly impossible, so you’ll want to move fast on this one! Not to mention- finding 4 units that are fully leased prior to sale is even more rare! 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: BB24026501
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.