• 1102 W 18th Street Los Angeles, CA 90015

  • $1,195,000
  • 8
    Bed(s)
  • 0
    Baths
  • 3,784
    Sq Ft
  • 5020
    Sqft
  • Listed By: Davis Saadian, Carolwood Estates, DRE #01921748
  • Source: CRMLS

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.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 8

Bathroom Information

Total Baths: 4

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Refrigerator

Building Information

Year Built: 1920

Building Area Total: 3,784

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1152

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 5020

Listing Price Information

Original List Price: 1,195,000

Listing Contract Date: 2024-03-25

Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5135015023

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 3326

Directions: 1102 W. 18th Street, Los Angeles 90015

Zoning: LARD1.5

Source Property Type: Residential Income

Area: C42 - Downtown L.A.

Building and Construction

Property Age: 104

Year Built Source: Vendor Enhanced

Total Square Feet Living: 3784

Levels or Stories: Multi/Split

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
900 W Olympic Boulevard.., Los Angeles, CA,90015 $1,150,000 1 2 1,150 399281 Sqft
900 W Olympic Boulevard.., Los Angeles, CA,90015 $2,750,000 3 3 2,440 399281 Sqft
1100 S Hope Street #510, Los Angeles, CA,90015 $620,000 1 1 1,048 41205 Sqft
900 W Olympic Boulevard.., Los Angeles, CA,90015 $2,380,000 2 3 2,010 399281 Sqft
939 S Broadway #304, Los Angeles, CA,90015 $625,000 1 1 750 15500 Sqft
1155 S Grand Avenue #101, Los Angeles, CA,90015 $1,749,999 2 3 2,381 --
1111 S Grand Avenue #518, Los Angeles, CA,90015 $1,300,000 2 2 2,070 38813 Sqft
900 W Olympic Boulevard.., Los Angeles, CA,90015 $1,549,000 2 3 1,700 399281 Sqft
1703 Toberman Street, Los Angeles, CA,90015 $1,275,000 -- -- 2,730 3509 Sqft
330 W 11th Street #102, Los Angeles, CA,90015 $1,040,000 2 2 1,550 18472 Sqft

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ByOwner last updated this listing 05/11/2024 @ 11:07

MLS: 24372485
LISTED BY: Davis Saadian, Carolwood Estates
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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