4505 W 18th St - Multi-Family FOR SALE


Los Angeles, CA 90019- Mid-City
$3,749,000 USD
818-859-7242
4505 W 18th St, Los Angeles, CA for Sale
$3,749,000 USD
Multi-Family - FOR SALE
1/46
null | 5.93% Cap Rate

4505 W 18th St
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • 100% leased with a strong 5.93% current cap rate and 6.22% pro forma cap rate.
  • Rare opportunity to acquire a 2022-construction, non-rent-controlled six-unit property in one of Mid-City's most desirable rental locations.
  • Large 8,156 SF asset featuring an ideal unit mix of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences.
  • Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one.
  • Beautifully designed units offer high ceilings, oversized windows, expansive balconies or patios, and modern luxury finishes throughout.
  • Turnkey investment with stainless steel kitchen appliances, in-unit washers and dryers, and central HVAC in every unit.

OVERVIEW

The 5+ Unit Specialists are excited to present 4505 W 18th Street, a beautifully designed 2022-built six-unit investment opportunity in the heart of Mid-City. This fully stabilized, non-rent-controlled asset is 100% leased and offers a strong 5.93% current cap rate with additional upside to a 6.22% pro forma cap rate, making it an ideal turnkey investment for both cash flow and long-term appreciation. The property consists of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences totaling approximately 8,156 square feet. Designed with today's renters in mind, each spacious unit features high ceilings, oversized windows, expansive balconies or patios, modern kitchens and bathrooms, stainless steel appliances, central HVAC, and in-unit washers and dryers. All units are separately metered for gas, electricity, and water, helping minimize operating expenses while maximizing net income. Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one. Ideally situated in one of Los Angeles' strongest rental markets, the property is just minutes from Culver City, Miracle Mile, and major employment centers including Amazon, Apple, HBO, and Sony. As opportunities to acquire newer, fully stabilized, non-rent-controlled multifamily assets continue to become increasingly scarce, 4505 W 18th Street presents an exceptional long-term hold and 1031 exchange opportunity in one of LA's most sought-after investment corridors.

FOR SALE DETAILS

PRICE

$3,749,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

6

PRICE/UNIT

$624,833

CAP RATE

5.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased 2022 Construction 6-Unit

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

LARD1.5

APN/PARCEL ID

5071-021-036

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.