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4505 18th St
Los Angeles, CA 90019
Fully Leased 2022 Const. 6-Unit | 5.76% Cap! · Multifamily Property For Sale
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6 Units
Investment Highlights
- Fully leased with a REAL 5.76% CAP RATE! + No rent control!
- Massive property- 8,156 livable square feet (not including garage)!
- Property comes FULLY LOADED with premium stainless steel kitchen appliances, washers and dryers. Totally turnkey!
- Rare opportunity to acquire 6 units in premium Mid-City location!
- Majorly elevated units with high ceilings, expansive balconies, and premium finishes.
- All units separately metered for gas, electric AND water! Microscopic expenses!
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 | 0.5/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| 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 | 0.5/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Eat-in Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Island Kitchen
- Loft Layout
Site Amenities
- 24 Hour Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 2 | $4,773 | 1,700 |
| 3+3 | 2 | $4,348 | 1,500 |
| 2+2 | 2 | $2,998 | 871 - 885 |
Property Taxes
| Parcel Number | 5071-021-036 | Improvements Assessment | $973,351 |
| Land Assessment | $819,120 | Total Assessment | $1,792,471 |
Property Taxes
Parcel Number
5071-021-036
Land Assessment
$819,120
Improvements Assessment
$973,351
Total Assessment
$1,792,471
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