4505 18th , Los Angeles, CA 90019
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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
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Description4507 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!
Property Location and Similar Properties
Features
Accessibility Features
- None
Appliances
- Dishwasher
- Electric Oven
- Gas Range
- Microwave
- Refrigerator
Architectural Style
- Modern
Association Fee
- 0.00
Building Area Total
- 8152.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Days On Market
- 65
Electric
- Standard
Electric Expense
- 0.00
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Spaces
- 1.00
Gardner Expense
- 1200.00
Heating
- Central
Insurance Expense
- 4894.00
Laundry Features
- Dryer Included
- Electric Dryer Hookup
- Inside
- Washer Hookup
- Washer Included
Levels
- Three Or More
Lot Features
- Landscaped
Netoperatingincome
- 228003.00
Newtaxesexpense
- 49775.00
Parcel Number
- 5071021036
Parking Features
- Assigned
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Property Condition
- Turnkey
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 430964296:CRM
Spa Features
- None
Tenant Pays
- All Utilities
Totalactualrent
- 17100.00
Totalexpenses
- 58269.00
Trash Expense
- 0.00
Uncovered Spaces
- 3.00
Vacancyallowance
- 11928
View
- City Lights
- Neighborhood
Virtual Tour Url
- https://www.youtube.com/watch?v=Gab1SrkY7zg
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 2022
Year Built Source
- Builder