$ 4,100,000
-
$4,100,000
Price -
29
Bed -
19
Bath -
17,241
SqFt
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About the Listing X82195 - X93306
2405 W. 18th Street is a compelling multifamily investment opportunity characterized by large units, an excellent unit mix, and strong in-place cash flow. The property is located in a high-demand Los Angeles rental pocket benefiting from consistent tenant demand and limited competing supply. The property features a desirable unit mix of ten (10) two-bedroom units and nine (9) one-bedroom units, offering larger-than-average floor plans that appeal to long-term renters. The balanced mix and generous unit sizes provide durability across market cycles and position the asset favorably for sustained occupancy and rent growth. From an investment standpoint, the property is offered at an exceptionally low price per square foot of approximately $238 with strong in-place cash flow metrics, including a 10.25 GRM and a 5.92% capitalization rate. Additionally, the property offers approximately 29% upside in rents and potential to add accessory dwelling units (ADUs) pursuant to Senate Bill 1211, subject to buyer verification. The attractive going-in yield supports favorable purchase financing and provides investors with immediate income alongside meaningful long-term upside.
Listing Highlights
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
25630389
Year Built
1963
Total Square Footage
17,241
Lot/Acreage
0.29
County
Los Angeles
Interior Details
- Bedrooms: 29
- Bathrooms: 19 Full
- Appliances:
- Air Cond: Wall/Window
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Single Lot
- Garage Capacity: N/A
- Parking Spaces: 19
- Zoning: LAR3
- Roof:
- Others: Updated/Remodeled
- Sewer: In Street
- Parking Features: Carport,Covered Parking,Private,Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
2405 W 18th St Los Angeles, CA 90019
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