About This Home

This 18-bedroom, 16-bathroom multi-family at 4505 W 18 Street in Los Angeles, CA is listed for $3,749,000. Built in 2022, on a 0.16 acres lot.

Key Features

  • Built in 2022
  • 0.16 acre lot
  • 3 stories
  • 7 parking spaces

Property Details

3 stories
16 full
1-car garage
2022

Amenities

A/C
Listing Description

The 5+ Unit Specialists are excited to present 4505 W 18th Street, a beautifully designed 2022-built six-unit investment opportunity in the heart of Mid-City. This fully stabilized, non-rent-controlled asset is 100% leased and offers a strong 5.93% current cap rate with additional upside to a 6.22% pro forma cap rate, making it an ideal turnkey investment for both cash flow and long-term appreciation.

The property consists of two 4-bedroom, two 3-bedroom, and two 2-bedroom residences totaling approximately 8,156 square feet. Designed with today's renters in mind, each spacious unit features high ceilings, oversized windows, expansive balconies or patios, modern kitchens and bathrooms, stainless steel appliances, central HVAC, and in-unit washers and dryers.

All units are separately metered for gas, electricity, and water, helping minimize operating expenses while maximizing net income. Four of the six leases extend into mid-to-late 2027, providing stable, predictable cash flow from day one. Ideally situated in one of Los Angeles' strongest rental markets, the property is just minutes from Culver City, Miracle Mile, and major employment centers including Amazon, Apple, HBO, and Sony.

As opportunities to acquire newer, fully stabilized, nonrent- controlled multifamily assets continue to become increasingly scarce, 4505 W 18th Street presents an exceptional long-term hold and 1031 exchange opportunity in one of LA's most sought-after investment corridors.

Monthly Cost Estimate

$20,050/mo

20% down · 6.5% · 30 years

Principal$2,711
Interest$16,246
Insurance$1,093

Estimates only. Actual payments may vary.

Location

4505 W 18 Street

Los Angeles, CA 90019

Property Details

Heating

Central

Cooling

Central Air

Questions & Answers

This 18-bedroom, 16-bathroom multi-family at 4505 W 18 Street is listed at $3,749,000. The estimated monthly payment is $20,050 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2022, 0.16 acre lot, 3 stories, 7 parking spaces.

This property is listed by Lauren Cearley.

LC

Lauren Cearley

License 02146823

Agent at Myunits.com

Listed by Myunits.com · Broker phone: 844-698-6487 · Broker website

MLS# BB26177778· Source: California Regional Multiple Listing Service, Inc· 80 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4505 W 18 Street, Los Angeles, CA 90019

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