6082 W 18th St - Apartments FOR SALE


Los Angeles, CA 90035- Mid-City
$4,250,000 USD
714-814-2088
6082 W 18th St, Los Angeles, CA for Sale
$4,250,000 USD
Apartments - FOR SALE
1/48
null | 5.51% Cap Rate

6082 W 18th St
Los Angeles, CA 90035
Mid-City


HIGHLIGHTS

  • Strong yield with a current in-place CAP Rate of 5.31% & a ProForma CAP Rate of 5.51%, supported though legal annual rental increase / 14.11 GRM
  • Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant.
  • Rental Demand & Growth – Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size.
  • 6082 W 18th (Front) Townhome-Style Unit – 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 1 Bath, 960 sq. ft. (3rd level)
  • 6084 W 18th (Middle) Flat – 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit – 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels)
  • 6086 W 18th (Rear) Townhome-Style Unit – 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat – 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level)

OVERVIEW

Le Investment Group is pleased to present 6082–6086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent lighting, and generous floor plans, ideal for today’s urban lifestyle. 3 Townhome-Style Units – Spacious two-level residences averaging 1,234 sq. ft., ideal for families and professionals seeking larger layouts. 3 Flats – Efficient single-level residences averaging 842 sq. ft., well-suited for students, singles, and couples. This prime unit mix of one-to four-bedroom residences, caters to a wide range of tenant demographics, from students and professionals to families. Each building offers modern architecture, balconies, sleek exteriors, landscaped entryways, and ample parking, creating a luxury rental feel.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$568 USD /SF

# OF UNITS

6

PRICE/UNIT

$708,333

CAP RATE

5.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,521 SF

ZONING

LAR 3

APN/PARCEL ID

5066-005-004

ASK ABOUT THIS PROPERTY

Albert LeLe Investment GroupMore Info
714-814-2088

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Albert LeLe Investment GroupMore Info
714-814-2088

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