6
See all 6 photos
$2,500,000
Est. payment /mo
6 Beds
4 Baths
New
2367 W 18th Street Los Angeles, CA 90019
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25166663
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7,562 square feet of rentable space on an 8,917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of 18th St and St. Andrews
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5073012026
Virtual Tour https://www.youtube.com/watch?v=_tpyymSwIo8
Listed by Steve Kim Best Realty & Investment, Inc.