4536 West 18th Street
Los Angeles, CA 90019
$3,900,000
Price
16
Beds
16
Baths
6,864 Sq. Ft.
$568 / Sq. Ft.
6,864
Sq. Ft.
$568
per Sq. Ft.
Description
LUXURY FOURPLEX with AMAZING PANORAMIC VIEWS Mid-City, Los Angeles Exciting newly constructed luxury fourplex presents an outstanding investment opportunity! Located in an Opportunity Zone and not subject to rent control. All units have 4 bedrooms, 4 bathrooms, and private roof decks. Two are 1,893 SF, each with 819 SF roof decks Two are 1,539 SF, each with 672 SF roof decks. STRUCTURAL: The widely renowned firm of Gouvis Engineering was brought in to ensure a finished project that is second to none....LUXURY FOURPLEX with AMAZING PANORAMIC VIEWS Mid-City, Los Angeles Exciting newly constructed luxury fourplex presents an outstanding investment opportunity! Located in an Opportunity Zone and not subject to rent control. All units have 4 bedrooms, 4 bathrooms, and private roof decks. Two are 1,893 SF, each with 819 SF roof decks Two are 1,539 SF, each with 672 SF roof decks. STRUCTURAL: The widely renowned firm of Gouvis Engineering was brought in to ensure a finished project that is second to none. Higher standards of construction and uncommon upgrades elevate this property to a higher level that will inspire confidence and pride of ownership with any investor. From the top down: ROOF: Each unit includes a large private roof deck with expansive views of Hollywood hills, downtown skyline, mountains, coastline, city lights, and night sky. The added living space available on each deck make them a key feature for residents. THIRD LEVEL: 3 spacious bedrooms with large closets, en suite bathrooms beautifully adorned with quartz (Carrera) countertops and custom tilework, and 1 of 2 laundries. SECOND LEVEL: Another large bedroom and guest bathroom (with similar attributes as above). The gorgeous kitchen features stainless steel appliances, a large island (with slide-in range, hood, and space for counter seating), quartz counters, tile backsplash, and handsome white shaker cabinetry (providing plenty of storage). The kitchen is open to the adjoining living room and dining area. This is a perfect place for gatherings and entertaining! FIRST LEVEL: Outdoor patios, oversized tandem garage featuring an additional laundry, two 220V outlets for electric vehicle charging, bike and storage space, plus extra floor space for work out equipment. SOME ADDITIONAL FEATURES: Private backyard patios, 100% permeable paver driveway (gated), tankless water heaters with circulating hot water, luxury vinyl plank flooring throughout, ceiling fans, Milgard windows (more than typical), lots of recessed lighting, fire sprinkler system, PEX supply lines, cast-iron waste lines, and separate meters for electricity, gas, and water. (see supplements for more information). Less than 5 miles to USC, close to Arts and Entertainment, dining, shopping, downtown, and transportation. These units will be attractive to a discerning rental market looking for higher end properties. A must-see investment opportunity!
- Listed by Christopher Kenmore • DRE #01146873 • Brokerage DRE #01146873 • Kenmore Realty Group • 714-299-2755
Property Details for 4536 West 18th Street
Architectural Style
Contemporary, Modern
ViewCity Lights, Coastline, Hills, Neighborhood, Panoramic, See Remarks
Parking Spaces Total8
Private PoolNo
Cooling TypeCentral Forced Air
Total Units4.0
Building TypeAttached
Lot Size SourcePlans
LISTING UPDATED: 10/24/2024 10:29 PM
Property Details for 4536 West 18th Street
| Status | Active |
|---|---|
| MLS # | OC24116868 |
| Days on Market | 110 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.16 AC / 7,001 SF |
| County | Los Angeles County |
Building Information for 4536 West 18th Street
Stories3Residences-Year Built2024Building Size-Lot Size0.16 AC / 7,001 SF
Property Information for 4536 West 18th Street
Rental Info
Rental Info
- Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
- Gross Income: $276,000
- Gross Scheduled Income: $276,000
- Gross Operating Income: $276,000
- Net Operating Income: $223,000
- Gross Multiplier: 14.13
- Cap Rate: 5.72
Expense Details
- Operating Expense: $53,000
- New Taxes Expense: $46,800
- Insurance Expense: $5,000
- Maintenance Expense: $1,200
- Trash Expense: $0
- Total Expenses: $53,000
Tax / Assessment Info
- Tax Block: B
- Tax Tract Number: 666
- Tax Census Tract: 2182.20
- CFD/Mello-Roos Fee: $204
- Tax Lot: 7
Community / Development
Community / Development
- Assessments YN: Yes
- Assessments: Unknown
- Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
- Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
- Equipment: Dishwasher, Garage, Gas Dryer Hookup, In Closet, Other, Vented Exhaust Fan, Washer Hookup, Water Line to Refrigerator
- Interior Features: Ceiling Fan(s), High Ceilings, Pantry, Quartz Counters, Recessed Lighting, Tandem, Unfurnished
- Room Type: Entry, Family Room, Kitchen, Main Floor Bedroom, See Remarks
- Bedroom Features: Main Floor Bedroom
- Water Heater Features: Gas, Hot Water Circulator, Tankless
- Water Heater Type: Gas, Tankless
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, In Closet, In Garage, See Remarks, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air, Electric, High Efficiency
- Heating Type: Central, Forced Air, High Efficiency, Natural Gas, Other
- Heat Source: Natural Gas
- Heating: Central, Forced Air, High Efficiency, Natural Gas, See Remarks
- Heat Equipment: Forced Air Unit, Other/Remarks
- Flooring: See Remarks, Vinyl
- Virtual Tour URL Branded: https://tours.previewfirst.com/pw/146345
- Virtual Tour URL Unbranded: https://tours.previewfirst.com/ml/146345
Exterior Features
- Window Features: Double Pane Windows, Screens
- Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
- Roof: Flat
- Entry Location: Front doors
- Fence: Yes
- Fence: Wood
- Fencing: Wood
- Foundation Details: Slab
- Property Condition: Turnkey, Under Construction
- View Description: City Lights, Coastline, Hills, Panoramic
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
Green Info
- Walk Score: 85
- Green Energy Efficient: Lighting, Water Heater, Windows
Land/Lot Info
- Lot Features: Rectangular Lot, Level
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Road Surface Type: Paved
- Road Frontage Type: City Street
- Levels: Three Or More
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
- Electric: 220 Volts in Garage
- Water Source: Public
Parking Info
- Garage Spaces: 8
- Parking: Yes
- Parking Garage: Direct Entrance
- Parking Garage Spaces: 8
- Carport Spaces: 0
- Parking Features: Direct Garage Access, Tandem Garage
Unit Information
Unit 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 4
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 5500
- Unit Type Type: 1
Unit 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 4
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 5500
- Unit Type Type: 2
Unit 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 4
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 6000
- Unit Type Type: 3
Unit 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 4
- Unit Type Baths Total: 4
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 6000
- Unit Type Type: 4
Unit Information
- Number Of Units Leased: 0
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
- Number With Dishwasher: 4
- Number With Range: 4
- Number With Refrigerator: 4
- Number With Disposal: 4
- Number With Patio: 4
Property History for 4536 West 18th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4536 West 18th Street
Taxable ValueLand$1,093,645Additions-Total$1,093,645
Tax Record2024$13,321 ($1,110 / month)
Home Facts
Beds3Total Finished SqFt2,467 SqFtAbove Grade Finished SqFt2,467 SqFtLot Size6,999 SqFtStyleResidentialYear Built1911ZoningLARD1.5CountyLOS ANGELESAPN5071-024-026
Schools near 4536 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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Listing Courtesy of Kenmore Realty Group, Christopher Kenmore, DRE #01146873
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.