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4507 W 18th St, Mid-City
100% Leased 2022 Construction 6-Unit
$4,250,000
Description
FULLY LEASED! Massive 2022 6-unit (4 townhomes & 2 large attached ADUs) boasting a 5.40% CAP RATE & 8,156 of livable sqft! Features include no rent control, separate utility meters, washers/dryers in all units, stainless steel appliances, high ceilings, balconies, and modern amenities. Located in the trendy Mid-City market, it appeals to professional tenants from entertainment, tech, & creative industries, making it an attractive investment with high returns!
Overview
Lot (sq ft):
7000
Price:
$4,250,000
Important Details
Metro Area County:
Los Angeles
Specific Area:
Mid-City
No Of Units:
6
Opportunity Zone:
Yes
Cap Rate:
5%
Gross Rent Multiplier:
14.2
Income Current:
$294,000
Vacant:
Yes
Leased At Market:
Yes
Accessory Dwelling Unit:
Yes
Large Lot:
Yes
Permits Ready:
Yes
Seller Financing:
Yes
Low Interest Loan:
Yes
Off Market:
No
Green Certified:
Yes
Location
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