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$4,250,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25220483
HOA Y/N No
Year Built 2023
Lot Size 6,534 Sqft
Property Sub-Type Apartment
Property Description
HIGHLIGHTS: PROPERTY IS NOT SUBJECT TO RENT CONTROL / Strong yield with a current in-place CAP Rate of 5.31% & a ProForma CAP Rate of 5.51% / Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant / Rental Demand & Growth – Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size / 6082 W 18th (Front) Townhome-Style Unit – 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 1 Bath, 960 sq. ft. (3rd level) / 6084 W 18th (Middle) Flat – 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit – 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels) / 6086 W 18th (Rear) Townhome-Style Unit – 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level)
6082–6086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent
lighting, and generous floor plans, ideal for today's urban lifestyle.
3 Townhome-Style Units – Spacious two-level residences averaging 1,234 sq. ft., ideal for families and professionals seeking larger layouts.
3 Flats – Efficient single-level residences averaging 842 sq. ft., well-suited for students, singles, and couples.
6082–6086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent
lighting, and generous floor plans, ideal for today's urban lifestyle.
3 Townhome-Style Units – Spacious two-level residences averaging 1,234 sq. ft., ideal for families and professionals seeking larger layouts.
3 Flats – Efficient single-level residences averaging 842 sq. ft., well-suited for students, singles, and couples.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Central
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Parking Features Assigned
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Curbs
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5066005004
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by ALBERT LE LE INVESTMENT GROUP 909-256-7889
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