4505 18th | Los Angeles, CA 90019
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4505 18th
Los Angeles, CA 90019
SLEEK 2022 CONSTRUCTION FULLY LEASED FOURPLEX · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- FULLY LEASED NOW AT REAL 5.03% CAP RATE!
- Rare opportunity to acquire 6 units in premium Mid-City location!
- Property comes FULLY LOADED with premium stainless steel kitchen appliances, washers and dryers. Totally turnkey!
- No Rent Control! Dream 1031 exchange opportunity. Ready to close ASAP!
- Massive property- 8,156 livable square feet (not including garage)!
- With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.
PROPERTY FACTS
| No. Units | 6 | Building Size | 8,156 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Building Class | B | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 8,156 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2022 |
| Parking Ratio | 0.74/1,000 SF |
| Zoning | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Handrails
- Island Kitchen
- Lawn
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 2 | $5,200 | 1,700 |
| 3+3 | 2 | $4,400 | 1,500 |
| 2+2 | 2 | $3,050 | 871 - 885 |
PROPERTY TAXES
| Parcel Number | 5071-021-035 | Improvements Assessment | $338,130 |
| Land Assessment | $936,360 | Total Assessment | $1,274,490 |
PROPERTY TAXES
Parcel Number
5071-021-035
Land Assessment
$936,360
Improvements Assessment
$338,130
Total Assessment
$1,274,490
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