Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    4505 18th , Los Angeles, CA 90019
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    4505 18th
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    • MLS#: BB25017862 ( Apartment )
    • Street Address: 4505 18th
    • Viewed: 6
    • Price: $4,150,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 2022
    • Bldg sqft: 0
    • Days On Market: 86
    • 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 newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime Mid City! Four of the units are stabilized at phenomenal rents, boasting a 5.49% 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!
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    Features
    Accessibility Features
    1. None
    Appliances
    1. Dishwasher
    2. Electric Oven
    3. Gas Range
    4. Microwave
    5. Refrigerator
    Architectural Style
    1. Modern
    Association Fee
    1. 0.00
    Building Area Total
    1. 8152.00
    Commoninterest
    1. None
    Common Walls
    1. 1 Common Wall
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 65
    Electric
    1. Standard
    Electric Expense
    1. 0.00
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 1.00
    Gardner Expense
    1. 1200.00
    Heating
    1. Central
    Insurance Expense
    1. 4894.00
    Laundry Features
    1. Dryer Included
    2. Electric Dryer Hookup
    3. Inside
    4. Washer Hookup
    5. Washer Included
    Levels
    1. Three Or More
    Lot Features
    1. Landscaped
    Netoperatingincome
    1. 228003.00
    Newtaxesexpense
    1. 49775.00
    Parcel Number
    1. 5071021036
    Parking Features
    1. Assigned
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Property Condition
    1. Turnkey
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 430964296:CRM
    Spa Features
    1. None
    Tenant Pays
    1. All Utilities
    Totalactualrent
    1. 17100.00
    Totalexpenses
    1. 58269.00
    Trash Expense
    1. 0.00
    Uncovered Spaces
    1. 3.00
    Vacancyallowance
    1. 11928
    View
    1. City Lights
    2. Neighborhood
    Virtual Tour Url
    1. https://www.youtube.com/watch?v=Gab1SrkY7zg
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 2022
    Year Built Source
    1. Builder
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836