1425 West 18th Street

Los Angeles, CA 90006

$1,075,000
Last Sold Price
4
Beds
4
Baths
3,192 Sq. Ft.
$337 / Sq. Ft.
3,192
Sq. Ft.
$337
per Sq. Ft.

Description

We are pleased to offer this four unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 units. The investment consists of approximately 3,192 of rentable square feet and is situated on an approximately 3,980 square foot parcel. Recent property upgrades include new interior paint, new kitchen cabinets with new quartz counter tops, new kitchen sink, new hardwood laminate flooring, new ceiling fans, new bathroom vanities, new bathtubs and new shower tile,...We are pleased to offer this four unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 units. The investment consists of approximately 3,192 of rentable square feet and is situated on an approximately 3,980 square foot parcel. Recent property upgrades include new interior paint, new kitchen cabinets with new quartz counter tops, new kitchen sink, new hardwood laminate flooring, new ceiling fans, new bathroom vanities, new bathtubs and new shower tile, new kitchen & bathroom hardware, new washer and dryer hookups, new exterior lighting, new exterior paint, and new exterior building and unit numbers. The building amenities include a large parking area and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.
  1. Listed by Griffin White • DRE #02031785 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 1425 West 18th Street

Zoning
LARD1.5
Parcel Number
5056010019
Total Units
4.0
Living Area
3192
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
2%
Lot Size Area
3980

Location

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Sold By Flyhomes, Marine Wong, DRE #02134254

Add your commute
LISTING UPDATED: 12/19/2022 03:47 PM

Property Details for 1425 West 18th Street

StatusSold
MLS #22-165693
Days on Market155
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.09 AC / 3,980 SF
CountyLos Angeles County

Location

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Sold By Flyhomes, Marine Wong, DRE #02134254

Add your commute

Building Information for 1425 West 18th Street

Stories2Residences-Year Built1914Building Size-Lot Size0.09 AC / 3,980 SF

Payment Calculator

$6,982 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$1,115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1425 West 18th Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $89,164
  • Net Operating Income: $67,492.00
  • Gross Income: $90,984
  • Cap Rate: 6.28%
  • Gross Rent Multiplier: $11.82
  • Total Annual Expense: 21673
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 3980
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Equipment: Ceiling Fan
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-08-2022
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,924.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,844.00
  • Unit Actual Rent: $1,844.00
  • Unit Projected Rent: $1,924.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,924.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $18,990.00
  • Unit Actual Rent: $1,890.00
  • Unit Projected Rent: $1,924.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 1425 West 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1425 West 18th Street

Taxable ValueLand$700,000Additions$375,000Total$1,075,000
Tax Record2023$13,374 ($1,115 / month)
Home Facts
Total Finished SqFt3,192 SqFtAbove Grade Finished SqFt3,192 SqFtLot Size3,980 SqFtStyleQuadraplexYear Built1914ZoningLARD1.5CountyLOS ANGELESAPN5056-010-019

Schools near 1425 West 18th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Magnolia Avenue Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, Griffin White, DRE #02031785

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.