$3,349,000
Active
12 Days Online
16 Beds17 Baths7,250 SQFT
Active

4647 W 18th Street Los Angeles, CA 90019

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site11 Days
  • MLS StatusActive
  • MLS ID Number24388309
  • Home Size Source Plans
  • Year Built2024
  • Lot Size0.1492 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Contemporary
  • Parking Attached CarportDrivewayGarage - Two DoorPrivateCovered
  • Parking Spaces 8
  • Number of Stories Multi/Split3
  • Acreage 0.1492
  • Security Automatic GateCarbon Monoxide Detector(s)Gated Community
  • Garage Spaces 2
  • Attached Garage Yes
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherMicrowaveRefrigerator
  • Flooring Laminate
  • Fireplace Features None
  • Laundry Features Washer IncludedDryer IncludedIn Closet
  • Fireplace No

Exterior Features

  • View City LightsPark/ Greenbelt
  • Spa No
  • Pool Features None
  • Spa Features None

Community Features

  • Senior Community No
  • MLS Area C16 - Mid Los Angeles
  • Security Features Automatic GateCarbon Monoxide Detector(s)Gated Community

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Monthly Payment (Est.)

$17,861
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