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4559 W 18th Street
Los Angeles CA 90019 US

$2,875,000

Active Under Contract Listing ID BB24026501
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14 bed
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15.00 Bath (14 Full Bath , 1 Half Bath)
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Lot: 5,602.00 Square Feet
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Quadruplex

$2,875,000

Active Under Contract Listing ID BB24026501
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4559 W 18th Street The 2-4 Unit Specialists are pleased to present 4559 W 18th St, 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!

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Property Features

  • Facts
  • Lot Size: 5,602.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 14
  • 1/2 Bathrooms: 1
  • Exterior Finish: Community Features Included: Sidewalks, Back Yard, Landscaped
  • Floor Covering: Vinyl
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 2875000
  • unparsedaddress: 4559 W 18th Street
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90019
  • bathroomsfull: 14
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.12860422405877
  • lotsizeunits: Square Feet
  • lotsizearea: 5602
  • livingarea: 5860
  • livingareaunits: Square Feet
  • latitude: 34.041572
  • longitude: -118.338801
  • listagentfullname: Elizabeth Maddox
  • listagentemail: elizabeth@myunits.com
  • listagentkey: 3yd-MRMLSCA-BB41810
  • listagentmlsid: BB41810
  • listagentpreferredphone: 8188508485
  • listagentofficephone: 8188597242
  • listofficekey: 3yd-MRMLSCA-BH5345657
  • listagentstatelicense: 01921425
  • listofficemlsid: BH5345657
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 2023
  • listingcontractdate: 2024-02-07
  • listagenturl: https://www.twotofour.com/buy
  • countyorparish: Los Angeles
  • parcelnumber: 5071021047
  • appliances: Dishwasher, Freezer, Garbage Disposer, Refrigerator, Washer
  • flooring: Vinyl
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 6
  • parkingfeatures: Assigned
  • view: City
  • waterfrontyn: False
  • interiorfeatures: Balcony, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Unfurnished
  • exteriorfeatures: Community Features Included: Sidewalks, Back Yard, Landscaped
  • architecturalstyle: Modern
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.338801, 34.041572
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Listing Changed: 4/26/2024 6:45:57 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: Elizabeth Maddox, Myunits.com Inc., elizabeth@myunits.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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