4559 W 18th Street Los Angeles, CA $ 2,875,000
4559 W 18th Street
$ 2,875,000
New Construction
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4559 W 18th Street

Los Angeles, CA, 90019
$ 2,875,000
Bedrooms4 Baths4.1 Sq 5,860

Monthly Estimate*

$ 20,083

Listed by Myunits.com Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $2,875,000 with 4 bedrooms and 4 full baths, 1 half bath. This 5,860 square foot home was built in 2023 on a lot size of 0.1286.

4559 W 18th St is a 75% LEASED luxury NON-RENT CONTROLLED fourplex (triplex + ADU) in prime Mid-City! This property boasts a 5.54% cap rate, NO RENT CONTROL, all separate meters, premium luxury finishes, and a 1-year builder's warranty! Step into a top of the line, easy to manage investment that furnishes a high return on day one of ownership. 4559 W 18th St is made up of one 4 bedroom, 4.5 bathroom unit with a massive back deck (rented at $4,676), two 4 bedroom, 4 bathroom townhomes with huge balconies (rented at $4,999 and $4,800), and one spacious 2 bedroom, 2 bathroom ADU (pro forma rent of $2,850). Finding 4 units for less than 3 million is nearly impossible, so you’ll want to move fast on this one! Not to mention- finding 4 units that are fully leased prior to sale is even more rare! 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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Multi-Family Pending

Price

$ 2,875,000

Bedrooms

4

Full Bath

4

Half Bath

1

Property Type

Multi-Family

Taxes

$ 34,483

Style

Modern

Lot Size

0.1286

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB24026501

Days on Market

82

Features
General
Interior Features Balcony LivingRoomDeckAttached OpenFloorplan Unfurnished BedroomonMainLevel
Sewer PublicSewer
Heating Central
Cooling CentralAir
Appliances Dishwasher ElectricOven Freezer Disposal Refrigerator Dryer Washer
Zoning LARD1.5
HOA 0.0
Garage Spaces 3.0
Architectural Style Modern
Pool Features None
Year Built 2023
Electric Standard
Tenant Pays AllUtilities
View CityLights Neighborhood
Levels ThreeOrMore
Property SubType Quadruplex
Gross Income 206106.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 159363.0
Operating Expense 40227.0
Insurance Expense 2344.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Pending
Directions Heading North onVineyard Ave make a right onto 18th St property will be on your left.
City Los Angeles
Entry Location front
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 4
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 5602.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 18th
Listing Terms Submit
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 34483.0
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 57
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 27
Virtual Tour https://www.myunits.com/buy/455918th
Property Sub Type Additional Quadruplex
Taxes 34483.0
Cap Rate 5.54
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup GasDryerHookup Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Parking Features Assigned
Lot Features BackYard Landscaped
Water Source Public
Total Parking 6.0
Lot Size Area 5602.0
Number of Buildings 2
Spa N
Building Area Total 5860.0
Lot Size Acres 0.1286
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4559
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* Excluded Features
List By
Myunits.Com Inc.

Broker

(818) 859-7242

Phone

Affordability Calculator

$22,956
Per Month
87%
13%
0%
Monthly Principal & Interest
$20,083
Monthly Property Taxes
$2,874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$2,875,000 -4.01% Price Down
2/7/2024$2,995,000 Listed Price

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4559 W 18th Street, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $2,875,000 with 5,860 sqft and a lot size of 0.1286. 4559 W 18th Street has 4 bedrooms, 4.1 baths, and was built in 2023. The property's zip code is 90019 which is in Los Angeles, CA