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6082 West 18th Street

Los Angeles CA 90035

8
6
6534 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Quarter Million Dollar Price Reduction HIGHLIGHTS: RECENT QUARTER MILLION DOLLAR PRICE REDUCTION / Strong yield with a current in-place CAP Rate of 5.72% & a ProForma CAP Rate of 5.94% / Comparable sales within 0.5 radius are trading at an average of mid 5 CAP rate range, with 86% of those sales delivered vacant / Rental Demand & Growth Located in a high-demand rental corridor with +6% to +24% rent growth potential based on comparable properties & unit size / 6082 W 18th (Front) Townhome-Style Unit 3 Bed / 2 Bath, 1,246 sq. ft. (1st & 2nd levels) & Flat 2 Bed / 1 Bath, 960 sq. ft. (3rd level) / 6084 W 18th (Middle) Flat 1 Bed / 1 Bath, 564 sq. ft. (ground level) & Townhome-Style Unit 4 Bed / 2.5 Bath, 1,366 sq. ft. (2nd & 3rd levels) / 6086 W 18th (Rear) Townhome-Style Unit 3 Bed / 2 Bath, 1,089 sq. ft. (1st & 2nd levels) & Flat 2 Bed / 2 Bath, 1,001 sq. ft. (3rd level) 60826086 W 18th St. Los Angeles, a stunning collection of three newly constructed (2023) modern buildings totaling six (6) high quality rental units. The property totals 6,226 square feet on a 0.15 acre lot. Each residence has been thoughtfully designed with open layouts, premium finishes, excellent lighting, and generous floor plans, ideal for todays urban lifestyle. 3 Townhome-Style Units Spacious two-level residences averaging 1,234 sq. ft., ideal for families and professionals seeking larger layouts. 3 Flats Efficient single-level residences averaging 842 sq. ft., well-suited for students, singles, and couples.

Features

8 bedrooms
6 bathrooms
6534 sq. ft. lot size
Multi-Family

Property history for 6082 West 18th Street

2020
Sold
$1,500,000
06 Mar 2020

Happy sellers in Los Angeles

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Local market activity for 8 bedroom multi families in Los Angeles

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