4505 W 18th new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25017862
Construction Status Turnkey
HOA Y/N No
Year Built 2022
Annual Tax Amount $50,136
Lot Size 7,000 Sqft
Property Description
4507 W 18th St is a rare FULLY LEASED newer construction 6 unit (4 townhomes + 2 large, attached ADU's) in prime Mid-City! Four of the units are stabilized at phenomenal rents, boasting a 5.29% CAP RATE!! The two vacant units 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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Electric Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer
Laundry Washer Hookup,Electric Dryer Hookup,Inside
Exterior
Parking Features Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5071021036
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard