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4505 W 18th St
Los Angeles, CA 90019 Mid-City

$3,749,000 USD

Multifamily For Sale  •  8,156 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 8,156 SF
  • Lot Size 0.16 AC
  • Year Built 2022
  • Zoning LARD1.5
70 Transit Score
70 Walk Score

Highlights

100% leased with a strong 5.93% current cap rate and 6.22% pro forma cap rate.
Rare opportunity to acquire a 2022-construction, non-rent-controlled six-unit property in one of Mid-City's most desirable rental locations.
Large 8,156 SF asset featuring an ideal unit mix of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences.
Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one.
Beautifully designed units offer high ceilings, oversized windows, expansive balconies or patios, and modern luxury finishes throughout.
Turnkey investment with stainless steel kitchen appliances, in-unit washers and dryers, and central HVAC in every unit.

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Walk-In Closets
  • Yard
  • Freezer
  • Island Kitchen
  • Quartz Countertops

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 7.8 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 9.9 mi
Bob Hope 28 min - 13.4 mi
Long Beach (Daugherty Field) 35 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Elizabeth Maddox 818-859-7242 Myunits.com Inc
Elizabeth Maddox 818-859-7242 Myunits.com Inc