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Property 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!

Features
: Central
: Central Air
: City Lights, Neighborhood
3
1
: Inside, Gas Dryer Hookup, Washer Hookup, Dryer Included, Washer Included
0
: Sidewalks
: Modern
Additional Information
Myunits.com Inc.
0
BB41810
BH5345657
Elizabeth
5071021036
: Standard
1.19
1
Three Or More
35

Multi-Family For Sale

4507 18th Street, Los Angeles, California 90019

8,156 Sqft
$4,250,000
Listing ID #BB24127656
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : BB24127656
Price : $4,250,000
Living Area : 8,156 Sqft
Lot Size : 7,002 Sqft
Year Built : 2022
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90019
Price Per Square Foot : $521
ModificationTimestamp : 2024-06-27 13:40:53
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