1425 W 18th St. #4, Los Angeles, CA 90006
Local realty services provided by:ERA North Orange County Real Estate
1425 W 18th St. #4,Los Angeles, CA 90006
$1,350,000
- - Beds
- - Baths
- 3,192 sq. ft.
- Multi-family
- Active
Listed by: annie xiao zhang, zhongmin su
Office: universal elite inc.949-379-6713
MLS#:TR26012696
Source:CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$422.93
About this home
Excellent 4-unit investment opportunity in the heart of Los Angeles. This well-maintained multifamily property features a desirable unit mix of four 1 bedroom, 1 bath residences totaling approximately 3,192 rentable square feet on a 3,980 square foot lot. The property has been extensively improved, with all units remodeled in 2022 with permits. Upgrades include updated kitchens with quartz countertops and modern cabinetry, refreshed bathrooms with new vanities and tubs, durable laminate flooring, newer interior paint, updated fixtures and hardware, ceiling fans, ductless mini-split HVAC systems, and stackable washer and dryer units. Electrical meters were professionally upgraded in 2024, enhancing long-term reliability and insurability. Tenants enjoy a large on-site parking area, and the property is separately metered for gas and electricity, helping reduce owner operating expenses. The property is currently fully leased with strong in-place income, which offers immediate positive cash flow from day one, covering debt service even in today’s elevated interest rate environment. Building is situated in a prime location, close proximity to USC and Downtown Los Angeles (DTLA), Korea town, Convention Center, LA Live, Crypto Arena, etc. Easy access to public transportation, metro lines, shopping center and major freeways such as Fwy 10 and Fwy 110, presenting significant advantages for investors looking to tap into the thriving local rental market. An ideal turnkey investment or 1031 exchange, this asset offers stable in-place income, reduced operational risk, and strong upside potential in one of Los Angeles’ most dynamic rental markets....
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Home facts
- Year built:1914
- Listing ID #:TR26012696
- Added:122 day(s) ago
- Updated:May 22, 2026 at 10:40 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
- Living area:3,192 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1914
- Building area:3,192 sq. ft.
- Lot area:0.09 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$422.93
Features and amenities
- Laundry features:Inside, Stacked
- Amenities:Ceiling Fans
Parking
- Total parking spaces:4
- Parking description:Driveway, On Site, Paved
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