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

Los Angeles, CA, 90019
$ 3,349,000
Bedrooms16 Baths17.0 Sq 7,250

Monthly Estimate*

$ 23,394

Listed by Keller Williams Beverly Hills
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Multi-Family Home for sale in Los Angeles, CA

for $3,349,000 with 16 bedrooms and 17 full baths. This 7,250 square foot home was built in 2024 on a lot size of 0.1492.

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

16

Full Bath

17

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.1492

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24388309

Days on Market

12

Features
General
Interior Features WalkInClosets
Heating Central
Cooling CentralAir
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Garage Spaces 2.0
Architectural Style Contemporary
Pool Features None
Security Features CarbonMonoxideDetectors SecurityGate GatedCommunity
Year Built 2024
View CityLights ParkGreenbelt
Levels MultiSplit
Gross Income 240000.0
Community Features Gated
County Los Angeles
Net Operating Income 189712.5
Insurance Expense 3625.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions S of Venice Blvd & East of La Brea
City Los Angeles
Entry Location Ground Level - no steps
View Y/N Y
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 4
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 6500.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Street Name 18th
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/4647-W-18th-St/Residential-Income/24-388309
Days on Market 8
Standard Status Active
Year Built Source Builder
Taxes 41863.0
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Laundry Features LaundryCloset
Total Bedrooms 16
Electric On Property Y/N N
Total Baths 17
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Exterior
Parking Features AttachedCarport Covered DoorMulti Driveway Garage Private
Total Parking 8.0
Lot Size Area 6500.0
Number of Buildings 2
Spa N
Building Area Total 7250.0
Lot Dimensions 50x130
Lot Size Acres 0.1492
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4647
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* Excluded Features
List By
Keller Williams Beverly Hills

Broker

(213) 259-5283

Phone

Affordability Calculator

$23,394
Per Month
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Monthly Principal & Interest
$23,394
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2024$3,349,000 Listed Price

Map


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4647 W 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 0.1492. 4647 W 18th Street has 16 bedrooms, 17.0 baths, and was built in 2024. The property's zip code is 90019 which is in Los Angeles, CA