4559 W 18th St is a 75% LEASED luxury NON-RENT CONTROLLED fourplex (triplex + ADU) in prime Mid-City! This property boasts a 5.54% cap rate, NO RENT CONTROL, all separate meters, premium luxury finishes, and a 1-year builder's warranty! Step into a top of the line, easy to manage investment that furnishes a high return on day one of ownership.
4559 W 18th St is made up of one 4 bedroom, 4.5 bathroom unit with a massive back deck (rented at $4,676), two 4 bedroom, 4 bathroom townhomes with huge balconies (rented at $4,999 and $4,800), and one spacious 2 bedroom, 2 bathroom ADU (pro forma rent of $2,850).
Finding 4 units for less than 3 million is nearly impossible, so you’ll want to move fast on this one! Not to mention- finding 4 units that are fully leased prior to sale is even more rare! Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank!
This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
Sold for $2,875,000
Listed by: Myunits.com Inc. • Elizabeth Maddox • Contact: 818-859-7242
Bought with: NONMEMBER MRML
$2,875,000
4559 W 18th St, Los Angeles, CA 90019
14beds
15baths
5,860sqft
Quadruplex
Built in 2023
-- sqft lot
$2,335,100 Zestimate®
$491/sqft
$2,565 Estimated rent
Home value
$2,335,100
$2.08M - $2.64M
$2,565/mo
Zestimate® history
Owner options
List your home for rent
$2,565/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,565/mo
Rent Zestimate®
Refinance and save
$18,243/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$18,243/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Elizabeth Maddox DRE #01921425 818-850-8485,
Myunits.com Inc.,
Ian Maddox DRE #02030205,
Myunits.com Inc.
Bought with:
Zoey Granott, DRE #01916786
NONMEMBER MRML
Source: CRMLS,MLS#: BB24026501
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 15
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Freezer, Disposal, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Gas Dryer Hookup, Inside
Features
- Balcony, Living Room Deck Attached, Open Floorplan, Unfurnished, Bedroom on Main Level
- Flooring: Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,860
- Total interior livable area: 5,860 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: Three Or More
- Stories: 3
- Entry location: front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 5,602 Square Feet
- Features: Back Yard, Landscaped
Details
- Parcel number: 5071021047
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Quadruplex
Condition
- Turnkey
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $491/sqft
- Annual tax amount: $34,483
- Date on market: 2/7/2024
- Cumulative days on market: 57 days
- Listing terms: Submit
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2024 | Sold | $2,875,000$491/sqft |
Source:  CRMLS #BB24026501 Report a problem | ||
| 4/26/2024 | Pending sale | $2,875,000$491/sqft |
Source: CRMLS #BB24026501 Report a problem | ||
| 3/18/2024 | Price change | $2,875,000-4%$491/sqft |
Source: CRMLS #BB24026501 Report a problem | ||
| 2/7/2024 | Listed for sale | $2,995,000$511/sqft |
Source: CRMLS #BB24026501 Report a problem | ||
| 10/23/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/27/2023 | Price change | $4,767-8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2023 | Listed for rent | $5,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Mid City
Nearby homes
- $1,463,3004 bd4 ba3.8k sqft4561 W 18th St, Los Angeles, CA 90019Off Market
- $--2 bd1 ba600 sqft4557 W 18th St, Los Angeles, CA 90019Off Market
- $1,173,8002 bd1 ba700 sqft4557 W 18th St APT 6, Los Angeles, CA 90019Off Market
- $1,140,7002 bd1 ba850 sqft4557 W 18th St APT 5, Los Angeles, CA 90019Off Market
- $---- bd-- ba-- sqft4557 W 18th St APT 3, Los Angeles, CA 90019Off Market
- $1,102,4005 bd3 ba3.7k sqft4553 W 18th St, Los Angeles, CA 90019Off Market
- $--3 bd2 ba1.4k sqft4555 W 18th St, Los Angeles, CA 90019Off Market
- $957,0004 bd2 ba2.8k sqft4562 Saint Elmo Dr, Los Angeles, CA 90019Off Market
Nearby schools
GreatSchools rating
- 6/10Alta Loma Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Los Angeles Senior High SchoolGrades: 9-12Distance: 1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,335,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,335,100
- California
- Los Angeles County
- Los Angeles
- 90019
- Mid City
- 4559 W 18th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
