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2442 W 18th Street

Los Angeles, CA 90019
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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 : ResidentialIncome

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

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Total Baths: 8

    Flooring Information

    Wood
  • Interior Features

    Appliances: Refrigerator
    Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1937
    Building Area Total: 8431
    Construction Materials: Stucco
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Dimensions: 178x65 Main Square Feet: 11600 Lot Size Acres: 0.2663 Lot Size Square Feet: 11,600

  • Listing Price Information

    Listing Price: $2750000

  • Tax Information

    Parcel Number: 5073018019

  • Location Information

    Direction: North of Washington, West of Western on Corner of Gramercy & W 18th
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1138 S St Andrews Place, Los Angeles, CA, 90019 $1,343,000 4 2 1,830 1,830 SqFt
932 S Gramercy Place, Los Angeles, CA, 90019 $1,680,000 10 10 4,800 4,800 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
1404 1/2 S Wilton Place, Los Angeles, CA, 90019 $755,000 3 2 1,273 1,273 SqFt
1406 S Wilton Place, Los Angeles, CA, 90019 $775,000 2 2 1,085 1,085 SqFt
918 5th, Los Angeles, CA, 90019 $1,375,000 3 5 1,619 1,619 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/04/2026 @ 05:03

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

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