4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime MidCity! This is fully stabilized at phenomenal rents, boasting a real 5.76% 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 trilevel 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 high 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!
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 high 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!
Property Details
Price:
$3,890,000
MLS #:
BB25017862
Status:
Active
Baths:
0
Address:
4505 W 18th
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 8, 2025
State:
CA
ZIP:
90019
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
2022
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Sidewalks
Electric
Standard
Garage Spaces
1.00
Lot Features
Landscaped
Parking Features
Assigned
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Taxes
$50,136
Tenant Pays
All Utilities
Map
Community
- Address4505 W 18th Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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4505 W 18th
Los Angeles, CA
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