2405 W. 18th Street is a compelling multifamily investment opportunity characterized by large units, an excellent unit mix, and strong in-place cash flow. The property is located in a high-demand Los Angeles rental pocket benefiting from consistent tenant demand and limited competing supply. The property features a desirable unit mix of ten (10) two-bedroom units and nine (9) one-bedroom units, offering larger-than-average floor plans that appeal to long-term renters. The balanced mix and generous unit sizes provide durability across market cycles and position the asset favorably for sustained occupancy and rent growth. From an investment standpoint, the property is offered at an exceptionally low price per square foot of approximately $238 with strong in-place cash flow metrics, including a 10.25 GRM and a 5.92% capitalization rate. Additionally, the property offers approximately 29% upside in rents and potential to add accessory dwelling units (ADUs) pursuant to Senate Bill 1211, subject to buyer verification. The attractive going-in yield supports favorable purchase financing and provides investors with immediate income alongside meaningful long-term upside.
Property Details
Price:
$4,100,000
MLS #:
25630389
Status:
Active
Beds:
29
Baths:
19
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Feb 11, 2026
Finished Sq Ft:
17,241
Total Sq Ft:
17,241
Lot Size:
12,612 sqft / 0.29 acres (approx)
Year Built:
1963
See this Listing
Schools
Interior
Appliances
RF
Cooling
WW
Heating
WL
Laundry Features
CM, DINC, WINC
Exterior
Architectural Style
MCM
Construction Materials
STC
Parking Spots
19
Security Features
SD, COD, CRD
Financial
Map
Community
- Address2405 W 18th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 10, 2026
7,155
Single Family Listed
83
Avg DOM
510
Avg $ / SqFt
$1,496,505
Avg List Price
Property Summary
- 2405 W 18th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90019. It is listed for $4,100,000 and features 29 beds, 19 baths, and has approximately 17,241 square feet of living space, and was originally constructed in 1963. The current price per square foot is $238. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,496,505.
Similar Listings Nearby
2405 W 18th ST
Los Angeles, CA


