4505 W 18th, Los Angeles, California, 90019
$3,995,000
Other
4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU’s) in prime Mid-City! Five of the units are stabilized at phenomenal rents, boasting a 5.75% CAP RATE!! The one vacant unit are listed on the rental market now and can be delivered leased or vacant! 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!
Rooms information : Kitchen,Living Room
Electric: Standard
Sewer: Public Sewer
Water Source: Public
Uncovered Spaces: 3.00
# of Garage Spaces: 1.00
# of Parking Spaces: 4.00
Accessibility Features: None
Lot Features: Landscaped
Property Condition : Turnkey
Number Of Buildings: 2
Parcel Identification Number: 5071021036
Cooling: Has Cooling
Heating: Has Heating
Heating Type: Central
Cooling Type: Central Air
Architectural Style : Modern
Year Built Source: Builder
Fireplace Features : None
Common Walls: 1 Common Wall
Appliances: Dishwasher,Electric Oven,Gas Range,Microwave,Refrigerator
Laundry Features: Dryer Included,Electric Dryer Hookup,Inside,Washer Hookup,Washer Included
Laundry: Has Laundry
MLSAreaMajor: C16 - Mid Los Angeles
Street Address: 4505 W 18th
City: Los Angeles
State: California
Postal Code: 90019
County: Los Angeles
MLS Number: BB25017862
Year Built: 2022
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