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Property Description

Bartierra Group is pleased to present the exclusive opportunity to acquire 4647 W 18th St , a MASSIVE BRAND NEW 4 units multi-family building with rooftop decks and NO RENT CONTROL comprising of 2 4 bed, 4 bath and 2 4 bed and 4.5 bath. One unit is currently rented for $5,150/month and we can deliver all other units rented as well!!! This trophy investment opportunity is not only ideally located in the heart of Mid City but also is eligible for DEPRECIATION benefits, which can help reduce your taxable income while increasing your cash flow. With excellent proximity to one of the hottest areas in LA, entertainment districts and restaurants, this community is an attractive destination for locals, business entrepreneurs, students and urban young professionals making it a unique opportunity for short-and long-term rentals alike. Yes! You read it right. NO RENT CONTROL. All 4 units have legal separate addresses and are separately metered for water, gas and electric so your tenants will pay for all utilities reducing your carrying costs significantly. With top of the line finishes this income producing property will give you the peace of mind and long-term appreciation you are looking for. It comes fully equipped with top of the line appliances and SOLAR PANELS. Dream 1031 exchange opportunity. With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity. Don’t miss out! Make this asset your next one or your first one! There is no safer investment than Los Angeles new construction multi-family.

Features
: Central
: Central Air
: City Lights, Park/greenbelt
3
: Dryer Included, Washer Included, In Closet
0
: Contemporary
Additional Information
Keller Williams Beverly Hills
0
CLW-C130216
CLW-X74054
Barbara
5071022010
: Standard
2
Multi/Split
32

Multi-Family For Sale

4647 18th Street, Los Angeles, California 90019

7,250 Sqft
$3,349,000
Listing ID #24388309
Basic Details
Status : Active
DaysOnMarket : 24
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24388309
Price : $3,349,000
Living Area : 7,250 Sqft
Lot Size : 6,500 Sqft
Year Built : 2024
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90019
Price Per Square Foot : $462
ModificationTimestamp : 2024-06-04 09:04:17
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