4647 West 18th Street Los Angeles, CA $ 3,349,000
4647 West 18th Street
$ 3,349,000
Recently Listed New Construction
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4647 West 18th Street

Los Angeles, CA, 90019
$ 3,349,000
Baths0.0 Sq 7,250

Monthly Estimate*

$ 22,258

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,349,000. This 7,250 square foot home was built in 2024 on a lot size of 0.15.

Bartierra Group is pleased to present the exclusive opportunity to acquire 4647 W 18th St , a MASSIVE BRAND NEW 4 units multi-family building with rooftop decks, fully vacant and NO RENT CONTROL comprising of 2 4 bed, 4 bath and 2 4 bed and 4.5 bath. This trophy investment opportunity is not only ideally located in the heart of Mid City but also is eligible for DEPRECIATION benefits, which can help reduce your taxable income while increasing your cash flow. With excellent proximity to one of the hottest areas in LA, entertainment districts and restaurants, this community is an attractive destination for locals, business entrepreneurs, students and urban young professionals making it a unique opportunity for short-and long-term rentals alike. Yes! You read it right. NO RENT CONTROL. All 4 units have legal separate addresses and are separately metered for water, gas and electric so your tenants will pay for all utilities reducing your carrying costs significantly. With top of the line finishes this income producing property will give you the peace of mind and long-term appreciation you are looking for. It comes fully equipped with top of the line appliances and SOLAR PANELS. Dream 1031 exchange opportunity. With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity. Don't miss out! Make this asset your next one or your first one! There is no safer investment than Los Angeles new construction multi-family.

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Multi-Family Active

Price

$ 3,349,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.15

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024388309

Features
General
Heating Central
Cooling Central Air
Zoning LARD1.5
Architectural Style Contemporary
Pool Features Private
Security Features Automatic Gate Carbon Monoxide Detector(s) Gated Community
Year Built 2024
View Park/Greenbelt City Lights
Levels Multi/Split
County Los Angeles
Net Operating Income 189712.5
Insurance Expense 3625.0
New Construction Yes
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Entry Location Ground Level - no steps
View Y/N Yes
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6500.0
Street Name 18th
Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/4647-W-18th-St/Residential-Income/24-388309
Structure Type None
Standard Status Active
Year Built Source Builder
Taxes 41863.0
Buyer Agent Compensation Type %
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Interior
Flooring Laminate
Kitchen Appliances Dishwasher Refrigerator Microwave
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features None Washer Included Dryer Included In Closet
Total Baths 0
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Exterior
Parking Features Garage - Two Door Driveway Covered Garage - Three Door Attached Carport
Lot Size Area 6500.0
Spa No
Pool Y/N? No
Building Area Total 7250.0
Lot Dimensions 50x130
Lot Size Acres 0.15
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Barbara Isabel

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$22,258
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,258
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2024$3,349,000 Listed Price

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4647 West 18th Street, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $3,349,000 with 7,250 sqft and a lot size of 0.15. 4647 West 18th Street is a studio with 0.0 baths and was built in 2024. The property's zip code is 90019 which is in Los Angeles, CA