4619 W 18th St, Los Angeles, CA 90019

Shovel-Ready 7-Unit Development | Mid-City LA | RTI Plans + GC Contract | Developer / Builder Opportunity 6,989 SF lot · RD1.5-1-O · APN 5071-022-044 · Transit Priority Area Parcel appears as 4617 W 18th St on ZIMAS and the LADBS permit file. Same parcel, same APN. Fully entitled, by-right, shovel-ready infill development. Seller to deliver RTI (Ready-to-Issue) plans. No discretionary entitlement, no density bonus, no affordability covenant, no CUP. Permits filed with LADBS under 26010-10000-04142 and 26010-10000-04144 (verifiable on LADBS public records), LAFD approval issued, plan check nearly complete. Pull permits and break ground. Detached garages slated for demolition under the approved demolition plot plan. Front duplex. Two 896 SF 2BR/1BA units. One vacant, one tenant-occupied and open to buyout discussions. Needs significant work and a full third-party inspection report is available documenting roof, electrical, and plumbing. Layouts convert cleanly to 3BR/2BA with no footprint change. Subject to RSO; buyer may elect to pursue an Ellis Act withdrawal to reposition or redevelop the front structure, subject to applicable notice periods, relocation obligations, and re-rental restrictions. Buyer to verify independently. Renovate-and-hold also pencils. Rear, five new units. Three-story structure with two by-right units and a rooftop deck, plus a detached two-story building with two ADUs and a community room designed for post-CO conversion to a fifth unit. All Type V-B wood frame, no subterranean, no podium, no elevator. Efficient, low-cost ground-up build. Parking. Zero required under AB 2097. Site plan fits roughly six on-site spaces, some tandem. Stabilized, 7 units / 6,198 SF: 2× 3BR/2BA at $3,200 · 2× 4BR/4BA at $4,100 · 2× 2BR/1.5BA at $2,800 · 1× 1BR/1BA at $2,100. $22,300/mo gross. Design-build contract executed with a licensed GC, pricing in hand. Plan set, construction pricing, inspection report, and financials available to qualified buyers on request.