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1102 W 18th St

Los Angeles CA 90015

8
4
8
3784 sq. ft.
5020 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to present the opportunity to acquire 1102 W. 18th Street, a four (4) unit multifamily investment, located in Downtown Los Angeles. 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. 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. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. Current income is approximately $6,000/month, with about 50% potential upside in rents.

Features

8 bedrooms
4 bathrooms
8 carspaces
3784 sq. ft. floor area
5020 sq. ft. lot size
Other

Property history for 1102 W 18th St

2016
Sold
$711,000
03 Feb 2016

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Local market activity for 8 bedroom other properties in Los Angeles

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