Los Angeles, CA 90019,4647 W 18th St
Los Angeles, CA 90019,4647 W 18th St
Los Angeles, CA 90019,4647 W 18th St
41
$3,275,000
$3,349,000
2.2%
Est.Price: ?

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16 BD
17 BA
7,250 SqFt

4647 W 18th St Los Angeles, CA 90019

Est. payment /mo
SOLD DATE : 08/12/2024

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Key Details

Sold Price $3,275,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,250 sqft

Price per Sqft $451

MLS Listing ID 24-388309

Sold Date 08/12/24

Style Contemporary

Bedrooms 16

Construction Status New Construction

Year Built 2024

Lot Size 6,500 Sqft

Acres 0.1492

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Dining Room 0

Kitchen Counter Top, Granite Counters

Interior

Interior Features Common Walls

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Type None

Equipment Dishwasher, Microwave, Washer, Refrigerator, Range/Oven, Dryer

Laundry In Closet, In Unit

Exterior

Parking Features Attached, Carport Attached, Driveway, Garage - 2 Car, Private, Covered Parking

Garage Spaces 8.0

Pool None

View Y/N Yes

View City, Green Belt

Building

Lot Description 2-4 Lots, Fenced

Story 3

Water Public

Architectural Style Contemporary

Level or Stories Multi/Split

Construction Status New Construction

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Keller Williams Beverly Hills
Bought with Keller Williams Beverly Hills

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agent

Dallas Baker

+1(424) 243-7444

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