PRICE $2,875,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 5,860 sqft
LOT SIZE 5,602 sqft

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!

DAYS ON MARKET 85 LAST UPDATED 4/26/2024
YEAR BUILT 2023 COMMUNITY Mid Los Angeles
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Pending PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Mar 22, '24 $2,995,000
Mar 22, '24 - Today $2,875,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Oven, Freezer, Refrigerator, Washer
AREA Mid Los Angeles
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE Assigned, Yes
HEAT Central
HOA DUES 0
INTERIOR Balcony, Bedroom on Main Level, Living Room Deck Attached, Open Floorplan, Unfurnished
LOT 5602 sq ft
LOT DESCRIPTION Back Yard, Landscaped
PARKING Assigned
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
STYLE Modern
TAXES 34483
UTILITIES Electric: Standard
VIEW Yes
VIEW DESCRIPTION City Lights,Neighborhood
WATER Public
ZONING LARD1.5
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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