Los Angeles, CA 90019,4647 W 18th ST
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Los Angeles, CA 90019,4647 W 18th ST
Los Angeles, CA 90019,4647 W 18th ST
Los Angeles, CA 90019,4647 W 18th ST
Los Angeles, CA 90019,4647 W 18th ST

$3,275,000

Est. payment /mo

$3,349,000

2.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4647 W 18th ST Los Angeles, CA 90019

16 Beds

17 Baths

7,250 SqFt

SOLD DATE : 08/12/2024

Key Details

Sold Price $3,275,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,250 sqft

Price per Sqft $451

MLS Listing ID 24388309

Sold Date 08/12/24

Bedrooms 16

HOA Y/N No

Year Built 2024

Lot Size 6,499 Sqft

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 C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Laundry Laundry Closet

Exterior

Parking Features Attached Carport, Covered, Door-Multi, Driveway, Garage, Private

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Gated

View Y/N Yes

View City Lights, Park/Greenbelt

Total Parking Spaces 8

Private Pool No

Building

Story 3

Entry Level Multi/Split

Architectural Style Contemporary

Level or Stories Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 5071022010

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community

Special Listing Condition Standard

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CRMLS – RECore
Listed by Barbara Isabel Keller Williams Beverly Hills
Bought with Barbara Isabel Keller Williams Beverly Hills
agent

Kyle Andrade

Realtor | Listing Specialist | 02136739 | License ID: 02136739

+1(951) 240-8338

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