Active

2442 W 18th Street

Los Angeles, CA 90019
Mark as Favorite
Bed 15

Bed

Bath 0

Bath

SqFt8,431

Sqft

SqFt11,600

Sqft(Lot)

Pleased to Present this great Income-Producing Multifamily Opportunity in the heart of Mid-City/West Adams adjacent to Arlington Heights in Los Angeles. Featuring two separate buildings of approx. 8431 SF on a large 11,600 SF, LAR3-Zoned lot. With Two addresses: 1805 S. Gramercy Place & 2442 W. 18th Street with one APN, this well-maintained 7-unit property offers strong in-place income with additional value-add & Development Potential. Built in 1937, Subject Property consists of a fourplex featuring four spacious 2+1 units and a separate triplex comprised of three attached townhome-style residences. The buildings showcase classic architectural character with period crown moldings, hardwood flooring throughout, abundant natural light, and updated windows throughout the property. Ownership h as completed renovations to 2 of the 7 units while preserving the property's original charm. The most recent updates are the staircase on the side of the building & installation of individual Gas shut-off Valves. Six residences are equipped with in-unit washer and dryers. Individually metered for gas and electricity. Contact the listing agent for additional details. 7 Assigned parking spaces on site on a rebuilt Parking Area. The expansive lot allows the rear portion a potential for additional development, including possible ADU construction (buyer to independently verify all development possibilities, zoning requirements, and approvals with the City of Los Angeles). Ideally situated within approximately 2.5 miles of USC, Downtown Los Angeles, LA Live, Crypto.com Arena, and numerous employment, entertainment, and transportation hubs. This property presents an outstanding opportunity for investors seeking stable cash flow. One unit Vacant (currently on the Market for lease at $2850.00). This is a Straight Sale with No 1031 Exchange as long time Sellers are retiring!

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,750,000

AD Id : 79964035

MLS Id : 26840475

Beds : 15

Lot Size : 11,600 Sqft

Living Area Size : 8,431

Year Built : 1937

County : Los Angeles

  • Map Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 15

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0

    Water/Sewer

    Sewer: Other
  • Interior Features

    Windows: Double Pane Windows Property Appliances: Refrigerator Fireplace: None Flooring: Wood
  • Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1937 Building Area Total: 8,431 Construction: Stucco
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2663 Lot Size Dimensions: 178x65
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 11600

  • Listing Price Information

    Original List Price: 2,750,000 Listing Contract Date: 2026-06-02
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5073018019

  • Garage and Parking

    Garage Description: Assigned,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 6313 Directions: North of Washington, West of Western on Corner of Gramercy & W 18th Zoning: LAR3 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 89 Year Built Source: Vendor Enhanced Total Square Feet Living: 8431 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1117 S Manhattan Place, Los Angeles, CA, 90019 $1,399,000 4 2 1,807 1,807 SqFt
1044 S St Andrews Place, Los Angeles, CA, 90019 $1,490,000 5 3 2,133 2,133 SqFt
1254 S Manhattan, Los Angeles, CA, 90019 $1,790,000 6 3 3,024 3,024 SqFt
941 S Gramercy Place, Los Angeles, CA, 90019 $2,695,000 12 -- 7,360 7,360 SqFt
1415 S Manhattan Place, Los Angeles, CA, 90019 $2,280,000 9 5 7,512 7,512 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $2,799,000 12 -- 9,268 9,268 SqFt
1415 S St Andrews Place, Los Angeles, CA, 90019 $1,925,000 12 -- 9,268 9,268 SqFt
1070 S Wilton Place, Los Angeles, CA, 90019 $2,300,000 4 2 3,190 3,190 SqFt
1023 S Wilton Place, Los Angeles, CA, 90019 $1,425,000 7 7 2,660 2,660 SqFt
1220 S Wilton Place, Los Angeles, CA, 90019 $1,765,000 4 1 3,382 3,382 SqFt

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ByOwner last updated this listing 06/19/2026 @ 00:39

MLS: 26840475 LISTED BY: Mathew Bahri, Sotheby's International Realty 310-481-6262 SOURCE: CRMLS

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