CA > Los Angeles
Los Angeles, CA 90019,4505 W 18th
Los Angeles, CA 90019,4505 W 18th
Los Angeles, CA 90019,4505 W 18th
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,995,000
Est. payment /mo
7,000 Sqft Lot
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25017862

Construction Status Turnkey

HOA Y/N No

Year Built 2022

Annual Tax Amount $50,136

Lot Size 7,000 Sqft

Property Sub-Type Apartment

Property Description

4505 W 18th St is a rare newer construction 6 unit (4 townhomes + 2 large, attached ADU's) 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!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Inside

Exterior

Parking Features Assigned

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5071021036

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.myunits.com/buy/450518th

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California Regional MLS (CRMLS)
Listed by Lauren Cearley • Myunits.com Inc. • 209-298-6020

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