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4647 W 18th St
Los AngelesCA 90019

$3,349,000
New Listing For Sale
Tools
Brochure
Size
16
Bedrooms
7,250 Sq Ft.
interior
0.15 Acres
Exterior
Financial
$3,349,000
Change Currency
$462
Price Per Sqft
Listing Details
Multi Family
Property type
2024
Year Built
11463785
Web Id
24-388309
MLS ID
21
Days Posted

Description

4647 W 18th St,
Los Angeles, CA 90019

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, fully vacant and NO RENT CONTROL comprising of 2 4 bed, 4 bath and 2 4 bed and 4.5 bath. 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.

This is an Active listing.

Broker Office Phone Number: 310-432-6400

Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Covered Carpark
  • Laminate Flooring
  • Driveway
  • Garage

Price History

datePricevariancetype
5/11/2024$3,349,000-Listed
Listing By: Keller Williams Beverly Hills via Data Source: TheMLSCLAW 
listing agent: Barbara Isabel


Located at 4647 W 18th St, Los Angeles, California 90019, this Multi Family is for Sale with a price of $3,349,000 USD. The property was built in 2024, includes 16 bedrooms,. This listing has 7,250 Sq.Ft. of interior space on a lot of .15 Acres. See all Homes for Sale in Los Angeles.
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