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4505 W 18th

Los Angeles (City), CA 90019
  • $3,995,000
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: BB25017862
Price Reduced
UPDATED: 41 min ago
$3,995,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Elizabeth Maddox of Myunits.com Inc. (818-859-7242)


Description

4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime Mid-City! Five of the units are stabilized at phenomenal rents, boasting a 5.75% CAP RATE!! The one vacant unit 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159727942
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4505 W 18th Los Angeles (City), CA 90019

  • Price: $3,995,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 41 min ago
  • MLS #: BB25017862
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2022
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADUs) in prime Mid-City! Five of the units are stabilized at phenomenal rents, boasting a 5.75% CAP RATE!! The one vacant unit 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!
Exterior Features

Architectural Style Modern Entry Level 1 Entry Location 1 Lot Features Landscaped Number Of Separate Electric Meters 6 Open Parking Spaces 3 Parking Features Assigned Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View City LightsNeighborhood View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherElectric OvenGas RangeMicrowaveRefrigeratorDryerWasher Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.49 Common Interest None Community Features Sidewalks Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 298200 Gross Scheduled Income 298200 Insurance Expense 4894 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupInside Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Maintenance Expense 2400 Net Operating Income 228003 New Construction YN No New Taxes Expense 49775 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 5 Operating Expense 58269 Property Condition Turnkey Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 50136 Tenant Pays All Utilities Total Actual Rent 20000 Trash Expense 0 Vacancy Allowance 11928 Vacancy Allowance Rate 4 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T08:30:53.793. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Elizabeth Maddox of Myunits.com Inc. (818-859-7242)