4647 West 18th Street
$3,275,000
8
16
7,250
7,250
$452
Closed 8/12/24
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...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.
- Listed by Barbara Isabel • DRE #02057627 • Brokerage DRE #01428775 • Keller Williams Beverly Hills
Property Details for 4647 West 18th Street
Architectural Style
Contemporary
ViewCity Lights, Park/Greenbelt
Parking Spaces Total8
Private PoolNo
Cooling TypeCentral
Total Units4.0
Lot Size Dimensions50x130
Living Area7250
LISTING UPDATED: 08/13/2024 10:02 AM
Property Details for 4647 West 18th Street
Status | Closed |
---|---|
MLS # | 24388309 |
Days on Market | 41 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2024 |
Lot Size | 0.15 AC / 6,500 SF |
County | Los Angeles County |
Building Information for 4647 West 18th Street
Stories3Residences-Year Built2024Building Size-Lot Size0.15 AC / 6,500 SF
Property Information for 4647 West 18th Street
Property History for 4647 West 18th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4647 West 18th Street
Taxable ValueLand$938,400Additions$234,600Total$1,173,000
Tax Record2024$27,668 ($2,306 / month)
Home Facts
Beds2Total Finished SqFt1,215 SqFtAbove Grade Finished SqFt1,215 SqFtLot Size6,500 SqFtStyleSingle Family ResidenceYear Built1908ZoningLARD1.5CountyLOS ANGELESAPN5071-022-010
Schools near 4647 West 18th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Alta Loma Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Los Angeles Senior High School Public9 to 12 | ||
Global Education Academy 2 CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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