Multifamily
4507 W 18th Street, 90019
4507 W 18th St, Los Angeles, CA 90019
Listing Price: $4,400,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 4507 West 18th Street. The
subject property is located north of Washington Boulevard and west of Crenshaw Boulevard in the heart of Mid-City. It is ideally located minutes from the 10 Freeway, allowing tenants convenient access throughout Los Angeles.
Situated on a 7,000 square foot lot, the property is comprised of a newly constructed fourplex with two
Accessory Dwelling Units (ADU’s). All units have been thoroughly upgraded with in-unit washer/dryer,
stainless steel kitchen appliances, marble bathroom counters with premium finishes, large windows, high
ceilings, spacious balconies & more. Due to its 2022 construction, 4507 W 18th Street is not subject to Los Angeles City Rent Control. There are five surface parking spaces with one garage.
4507 W 18th Street provides investors with a rare opportunity to acquire a turn key, newly constructed asset with a healthy income stream in a desirable pocket of the Mid-City submarket.
4507 W 18th Street, 90019
Investment Highlights
- 2022 Construction, Not Subject to City of Los Angeles Rent Control
- Current Ownership has Extensively Upgraded All Units with In-Unit Washer/Dryer, Stainless Steel Kitchen Appliances, Marble Countertops, Large Windows, High Ceilings, Spacious Balconies & More
- Generates Healthy Income Stream of More than $25,000 in Scheduled Rent Per Month
- Low Expense Property, Separately Metered for Water, Gas and Electric
- Located In The High-Growth, Burgeoning Submarket Of Mid-City Los Angeles. With a Walk Score of "85", Tenants Enjoy Convenient Access to Employment Centers, Retail, & Entertainment in the Immediate Area
- Bordering Flourishing Submarkets like Mid-Wilshire, Carthay Square, Pico Roberson, West Adams & Country Club Park Which have All Seen an Influx of New Developments & Nightlife
Exclusively Listed By
Financing By
Listing Price: $4,400,000
Investment Highlights
- 2022 Construction, Not Subject to City of Los Angeles Rent Control
- Current Ownership has Extensively Upgraded All Units with In-Unit Washer/Dryer, Stainless Steel Kitchen Appliances, Marble Countertops, Large Windows, High Ceilings, Spacious Balconies & More
- Generates Healthy Income Stream of More than $25,000 in Scheduled Rent Per Month
- Low Expense Property, Separately Metered for Water, Gas and Electric
- Located In The High-Growth, Burgeoning Submarket Of Mid-City Los Angeles. With a Walk Score of "85", Tenants Enjoy Convenient Access to Employment Centers, Retail, & Entertainment in the Immediate Area
- Bordering Flourishing Submarkets like Mid-Wilshire, Carthay Square, Pico Roberson, West Adams & Country Club Park Which have All Seen an Influx of New Developments & Nightlife
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 4507 West 18th Street. The subject property is located north of Washington Boulevard and west of Crenshaw Boulevard in the heart of Mid-City. It is ideally located minutes from the 10 Freeway, allowing tenants convenient access throughout Los Angeles. Situated on a 7,000 square foot lot, the property is comprised of a newly constructed fourplex with two Accessory Dwelling Units (ADU’s). All units have been thoroughly upgraded with in-unit washer/dryer, stainless steel kitchen appliances, marble bathroom counters with premium finishes, large windows, high ceilings, spacious balconies & more. Due to its 2022 construction, 4507 W 18th Street is not subject to Los Angeles City Rent Control. There are five surface parking spaces with one garage. 4507 W 18th Street provides investors with a rare opportunity to acquire a turn key, newly constructed asset with a healthy income stream in a desirable pocket of the Mid-City submarket.
Exclusively Listed By
Financing By
