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!
For sale
Listing Provided by:
Lauren Cearley DRE #02146823 209-298-6020,
Myunits.com Inc.,
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.
Price cut: $105K (6/20)
$3,890,000
4505 W 18th St, Los Angeles, CA 90019
18beds
16baths
8,152sqft
Est.:
Multi Family
Built in 2022
-- sqft lot
$-- Zestimate®
$477/sqft
$-- HOA
What's special
Newer constructionMassive buildingsHigh ceilingsGorgeous modern kitchensTons of natural lightBeautifully designed landscapingMassive balconies
- 193 days
- on Zillow |
- 90 |
- 5 |
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