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Listed by ALBERT LE • LE INVESTMENT GROUP
$ 4,250,000
Est. payment /mo
New
6082 W 18th ST Los Angeles, CA 90035
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25220483
Year Built 2023
Source California Regional MLS
Property Description
HIGHLIGHTS: PROPERTY IS NOT SUBJECT TO RENT CONTROL / Strong yield with a current in-place CAP Rate of 5.31% & a ProForma CAP Rate of 5.51% / Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant / Rental Demand & Growth - Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size / 6082 W 18th (Front) Townhome-Style Unit - 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat - 2 Bed / 1 Bath, 960 sq. ft. (3rd level) / 6084 W 18th (Middle) Flat - 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit - 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels) / 6086 W 18th (Rear) Townhome-Style Unit - 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat - 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level) 6082-6086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent lighting, and generous floor plans, ideal for today's urban lifestyle. 3 Townhome-Style Units - Spacious two-level residences averaging 1
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Heating Central Forced Air
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Tax ID 5066005004
Special Listing Condition Not Applicable
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