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Los Angeles, CA 90015 1102 W 18th Street

$1,195,000

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Presented By: Davis Saadian with Carolwood Estates;
  • MLS# 24372485
  • 03/25/2024
  • Request Tour
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  • BedBeds • 8
  • BathBaths • 4
  • FootageSQFT • 3,784

Home Details

We are pleased to present the opportunity to acquire 1102 W. 18th Street, a four (4) unit multifamily investment, located in Downtown LA. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,784 SF on a 5,020 SF lot. The unit mix consists of four (4) spacious 2-bedroom + 1-bathroom units, of which two (2) units will be delivered vacant upon the close of escrow. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Downtown LA submarket that will provide exponential returns.
Presented By: Davis Saadian with Carolwood Estates;

Interior Features for 1102 W 18th Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixStreet
Total Stories2

General for 1102 W 18th Street

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate6.0
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market8
Directions1102 W. 18th Street, Los Angeles 90015
Garage Y/NNo
Gross Income95892.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5020.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income71755.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street Name18th
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built1920
ZoningLARD1.5

Exterior for 1102 W 18th Street

Building Area Total3784.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1152
Lot Size Area5020.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,195,000
MLS#24372485
List Date 03/25/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors