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$3,349,000
16 bed
7,250 Sqft
6,500 Sqft lot

4647 W 18th Street, Los Angeles, California 90019

  • Residential Income Property Type
  • 66 Days Time on market
  • $462 Price per sqft
  • 2024 Year Built
Property Description

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 and NO RENT CONTROL comprising of 2 4 bed, 4 bath and 2 4 bed and 4.5 bath. One unit is currently rented for $5,150/month and we can deliver all other units rented as well!!! 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.

Basic Details
Residential Income
Buy
24388309
$3,349,000
16
7,250 Sqft
2024
6,500 Sqft
Active
Click Here
Condos/Co-ops
Virtual Tour
Features
: Central
: Central Air
: City Lights, Park/greenbelt
: Dryer, Dishwasher, Microwave, Refrigerator, Washer
: Contemporary
: Gated
8
$0
Address
CA
Los Angeles
Los Angeles
90019
4647 W 18th Street
4647
Street
0
W119° 39' 34.2''
N34° 2' 31.3''
W
Additional Information
66
1
3
17
: Multi/split
1
: Laundry Closet
2
1
7,250 Sqft
0 Sqft
0 Sqft
: Plans
: Walk-in Closet(s)
0.15 Sqft
6,500 Sqft
1
0 Sqft
LARD1.5
5071022010
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
11/05/2024 16:01:34
$0
: Standard
S of Venice Blvd & East of La Brea
Keller Williams Beverly Hills
Barbara Isabel
CLW-X74054
CLW-C130216
$0
2
: Laminate
1
50x130
1
0
0
1
1
1
2
4
Carbon Monoxide Detector(s),Security Gate,Gated Co
1
240000
US-06037-N-5071022010-R-N
12/05/2024 16:30:41
18th
C16 - Mid Los Angeles
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