CA > Los Angeles
Los Angeles, CA 90019,2367 W 18th ST
Los Angeles, CA 90019,2367 W 18th ST
Los Angeles, CA 90019,2367 W 18th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,400,000
Est. payment /mo
8,916 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25166663

HOA Y/N No

Year Built 1946

Lot Size 8,916 Sqft

Property Sub-Type Apartment

Property Description

Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7,562 square feet of rentable space on an 8,917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public, See Remarks

New Construction No

Others

Senior Community No

Tax ID 5073012026

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=_tpyymSwIo8

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CRMLS – RECore
Listed by Steve Kim Best Realty & Investment, Inc. 818-439-5449

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