4505 18th St | Los Angeles, CA 90019
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- LoopNet Team
4505 18th St
Los Angeles, CA 90019
Fully Leased 2022 Const. 6-Unit | 5.76% Cap! · Build-to-Rent Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Fully leased with a REAL 5.76% CAP RATE! + No rent control!
- Massive property- 8,156 livable square feet (not including garage)!
- Property comes FULLY LOADED with premium stainless steel kitchen appliances, washers and dryers. Totally turnkey!
- Rare opportunity to acquire 6 units in premium Mid-City location!
- Majorly elevated units with high ceilings, expansive balconies, and premium finishes.
- All units separately metered for gas, electric AND water! Microscopic expenses!
PROPERTY FACTS
| No. Units | 6 | Property Size | 8,156 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built | 2022 |
| Costar Property Class | B | Parking Allocation | 0.5/1,000 sq ft |
| Total Plot Size | 0.16 ac | ||
| Use Class | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.16 ac |
| Property Size | 8,156 sq ft |
| Average Occupancy | 100% |
| No. Floors | 3 |
| Year Built | 2022 |
| Parking Allocation | 0.5/1,000 sq ft |
| Use Class | LARD1.5 - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Eat-in Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Handrails
- Instant Hot Water
- Island Kitchen
- Studio / Creative Space Layout
SITE AMENITIES
- 24 Hour Access
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 4+3 | 2 | £4,773 | 1,700 |
| 3+3 | 2 | £4,348 | 1,500 |
| 2+2 | 2 | £2,998 | 871 - 885 |
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