$2,875,000 - 4559 W 18th Street,

  • 14Beds
  • Baths
  • 0SQ. Feet
  • 0.13Acres

4559 W 18th St is a 75% LEASED luxury NON-RENT CONTROLLED fourplex (triplex + ADU) in prime Mid-City! This property boasts a 5.54% cap rate, NO RENT CONTROL, all separate meters, premium luxury finishes, and a 1-year builder's warranty! Step into a top of the line, easy to manage investment that furnishes a high return on day one of ownership. 4559 W 18th St is made up of one 4 bedroom, 4.5 bathroom unit with a massive back deck (rented at $4,676), two 4 bedroom, 4 bathroom townhomes with huge balconies (rented at $4,999 and $4,800), and one spacious 2 bedroom, 2 bathroom ADU (pro forma rent of $2,850). Finding 4 units for less than 3 million is nearly impossible, so youll want to move fast on this one! Not to mention- finding 4 units that are fully leased prior to sale is even more rare! 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!

Sales Agent

Sam SmithBeach Cities Luxury HomesPhone: 760-710-2856Cell: 760-710-2856Contact Agent Now

Essential Information

  • MLS® #:BB24026501
  • Price:$2,875,000
  • Bedrooms:14
  • Bathrooms:0.00
  • Acres:0.13
  • Type:Residential Income
  • Status:SOLD

Community Information

  • Address:4559 W 18th Street
  • Area:LOS ANGELES (90019)
  • County:Los Angeles
  • State:CA
  • Zip Code:90019

Amenities

  • Pool:N/K

Interior

  • Cooling:Central Forced Air
  • # of Stories:3

Exterior

  • Lot Description:Sidewalks

Additional Information

  • Date Listed:February 7th, 2024
  • Days on Market:57
  • Zoning:Assessor

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  • Price Range:
    $1,680 - $33,000,000
  • Current Listings:
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  • HOA Dues:
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Listing information last updated on May 19th, 2024 at 4:15am CDT.