4637 W 18th St, Los Angeles, CA 90019

4637 W 18th St, Los Angeles, CA 90019

Los Angeles, CA
$1,125,000

Property Description

Lyon Stahl Investment Real Estate is pleased to present 4637 W 18th Street, a 4-unit investment located in the Mid City neighborhood of Los Angeles. Situated on a 6,625 SF lot, 4637 W 18th Street is a massive 5,042 SF apartment building comprised of four (4) two-bedroom/one- bathroom units. Only three units are occupied, offering immediate upside to a new owner. The back of the lot has a detached garage that has four (4) covered parking spots which could be converted to ADU’s.

Property Features

  • Sale Price: $1,125,000
  • Area Size: 5,042 Sq. Ft.
  • Land Area: 6,625 Sq. Ft.
  • Year Built: 1928
  • Listing Date: 8/3/2023
  • Closing Date: 1/19/2024
  • Units: 4
  • Current GRM: 18.33
  • Current Cap Rate: 3.48%
  • Price Per Unit: $343,750
  • Market GRM: 11.23
  • Market Cap Rate: 6.82%
  • Current NOI: $47,862

Lyon Stahl Investment Real Estate

Keep In Touch