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4507 18th Street, Los Angeles, CA 90019
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4507 18th Street
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  • MLS#: BB24127656 ( Apartment )
  • Street Address: 4507 18th Street
  • Viewed: 2
  • Price: $4,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Days On Market: 142
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90019
  • Provided by: Myunits.com Inc.
  • Contact: Elizabeth Elizabeth
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    4507 W 18th St is a rare FULLY LEASED newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime Mid City! All six units are rented at phenomenal rents, boasting a 5.40% 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 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!
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Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Freezer
  3. Gas Oven
  4. Gas Range
  5. Microwave
  6. Refrigerator
Architectural Style
  1. Modern
Association Fee
  1. 0.00
Building Area Total
  1. 8156.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 101
Electric
  1. Standard
Fireplace Features
  1. None
Flooring
  1. Vinyl
Fuel Expense
  1. 0.00
Garage Spaces
  1. 1.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 3262.00
Laundry Features
  1. Dryer Included
  2. Gas Dryer Hookup
  3. Inside
  4. Washer Hookup
  5. Washer Included
Levels
  1. Three Or More
Lot Features
  1. Back Yard
  2. Landscaped
Netoperatingincome
  1. 229587.00
Newtaxesexpense
  1. 50975.00
Parcel Number
  1. 5071021036
Parking Features
  1. Assigned
Pool Features
  1. None
Postalcodeplus4
  1. 5843
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Property Condition
  1. Turnkey
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 417507680:CRM
Spa Features
  1. None
Taxarea
  1. 67
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 24950.00
Totalexpenses
  1. 57837.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 4.00
View
  1. City Lights
  2. Neighborhood
Virtual Tour Url
  1. https://youtu.be/Gab1SrkY7zg
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2022
Year Built Source
  1. Assessor
Zoning
  1. LARD1.5