Bartierra Group is pleased to present the exclusive opportunity to acquire 4647 W 18th St

A MASSIVE BRAND BRAND PRISTINE 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 ideally located in the heart of Mid City but also is eligible for DEPRECIATION benefits, which can help reduce your taxable i ncome 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 electrc 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.

Request Information
on 4647 W 18th St
in Los Angeles, CA
Presented by Barbara Isabel at
Keller Williams Beverly Hills.


Property MLS #24-388309 from TheMLSCLAW

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 16

+ Bathrooms

Total Bathrooms: 17
Full Bathrooms: 17
Bathroom 1 Features: Shower and Tub

+ Interior Features

Common Walls
Flooring: Laminate

+ Other Rooms

Breakfast Bar, Living Room, Walk-In Closet

+ Appliances

Laundry Facilities: In Closet, In Unit
Laundry Features: In Closet, In Unit

+ Kitchen and Dining

Counter Top
Granite Counters
Kitchen Features: Counter Top, Granite Counters

+ Heating and Cooling

Cooling Features: Central
Heating Features: Central

+ Waterfront and Water Access

Water Features: Public

+ Garage and Parking

Carport Spaces: 2
Covered Spaces: 2
Garage Spaces: 2
Garage Description: Attached, Carport Attached, Driveway, Garage - 2 Car, Private, Covered Parking
Parking Total: 8

+ Land Info

Lot Description: 2-4 Lots, Fenced
Lot Size Acres: 0.1492195
Lot Size Dimensions: 50x130
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6500

+ Home Features

View: City, Green Belt
Other Equipment: Dishwasher, Microwave, Washer, Refrigerator, Range/Oven, Dryer
Security Features: Automatic Gate, Carbon Monoxide Detector(s), Gated

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 4, 1 SquareFeet: 4850, 2 BedsTotal: 4, 2 BathsTotal: 4.5, 2 SquareFeet: 5150

+ Other Property Info

Balcony
Two On A Lot
Source Listing Status: Active
County: Los Angeles
Directions: S of Venice Blvd & East of La Brea
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5071-022-010
Postal Code Plus 4: 5741
Zoning: LARD1.5
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$60,812 + $243,267 $304,079	$3,816
2021	$59,620 + $238,498 $298,118	$3,763
2020	$59,009 + $236,053 $295,062	$3,796
2019	$57,852 + $231,425 $289,277	$3,654
2018	$56,718 + $226,888 $283,606	$3,517
2017	$55,606 + $222,440 $278,046	$3,442
2016	$54,516 + $218,079 $272,595	$3,356
2015	$53,698 + $214,804 $268,502	$3,308
2014	$52,647 + $210,597 $263,244	$3,327
2013	$52,410 + $209,646 $262,056	$3,321
2012	$51,383 + $205,536 $256,919	$3,362
2010	$50,376 + $201,506 $251,882	$2,464
2009	$36,950 + $147,819 $184,769	$2,373
2009	$36,862 + $147,468 $184,330	$2,373
2008	$36,226 + $144,921 $181,147	$2,275
2007	$35,516 + $142,080 $177,596	$2,199

+ Reveal Property Sale History

Listed 2024-05-11
$3,349,000
TheMLSCLAW

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Sold 2022-07-14
$1,150,000
TheMLSCLAW

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Listing removed 2010-03-23
$250,000
SoCalMLS

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Sold 2010-02-24
$250,000
Public Record

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Listing removed 2010-02-24
$250,000
TheMLSCLAW

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Listing removed 2009-10-18
$250,000
TheMLSCLAW

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Listed 2009-09-16
$250,000
SoCalMLS

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Listed 2009-09-01
$250,000
TheMLSCLAW

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Listed 2009-08-29
$250,000
TheMLSCLAW

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Sold 1993-11-05
$140,000
Public Record

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Sold 1989-10-27
$87,500
Public Record

+ Commercial Info

Net Operating Income: 189712.5

+ Building and Construction

Total Square Feet Living: 7250
Year Built: 2024
Common Walls: Attached
Entry Location: Ground Level - no steps
Levels: Multi Levels
Living Area Source: Plans
New Construction: Yes
Property Condition: New Construction
Levels or Stories: 3
Building Total Stories: 3
House Style: Contemporary
Year Built Source: Builder
Architectural Style: Contemporary

+ Display Complete School Details

Alta Loma Elementary School is a public elementary school located approximately 0.1 miles away.
Map directions

Johnnie Cochran, Jr., Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Los Angeles Senior High School is a public high school located approximately 1.1 miles away.
Map directions

Roennes's School Inc. is a private elementary school located approximately 0.1 miles away.
Map directions