Active

1425 W 18th St. #4

Los Angeles, CA 90006
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Bed 4

Bed

Bath 4

Bath

SqFt3,192

Sqft

SqFt3,980

Sqft(Lot)

Excellent 4-unit investment opportunity in the heart of Los Angeles. This well-maintained multifamily property features a desirable unit mix of four 1 bedroom, 1 bath residences totaling approximately 3,192 rentable square feet on a 3,980 square foot lot. The property has been extensively improved, with all units remodeled in 2022 with permits. Upgrades include updated kitchens with quartz countertops and modern cabinetry, refreshed bathrooms with new vanities and tubs, durable laminate flooring, newer interior paint, updated fixtures and hardware, ceiling fans, ductless mini-split HVAC systems, and stackable washer and dryer units. Electrical meters were professionally upgraded in 2024, enhancing long-term reliability and insurability. Tenants enjoy a large on-site parking area, and the p roperty is separately metered for gas and electricity, helping reduce owner operating expenses. The property is currently fully leased with strong in-place income, which offers immediate positive cash flow from day one, covering debt service even in today’s elevated interest rate environment. Building is situated in a prime location, close proximity to USC and Downtown Los Angeles (DTLA), Korea town, Convention Center, LA Live, Crypto Arena, etc. Easy access to public transportation, metro lines, shopping center and major freeways such as Fwy 10 and Fwy 110, presenting significant advantages for investors looking to tap into the thriving local rental market. An ideal turnkey investment or 1031 exchange, this asset offers stable in-place income, reduced operational risk, and strong upside potential in one of Los Angeles’ most dynamic rental markets.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,299,000

AD Id : 87069614

MLS Id : TR26135099

Beds : 4

Lot Size : 3,980 Sqft

Living Area Size : 3,192

Year Built : 1914

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Ceiling Fan(s) Property Appliances: Gas Cooktop,Gas Oven,Gas Range,Microwave,Refrigerator Fireplace: None Flooring: Laminate
  • Heating Source

    Electric Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1914 Building Area Total: 3,192
  • Accessibility Features

    Parking

    Pool Features

    None

    Laundry Features

    Inside,Stacked

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0914
  • Lot Size Source: Assessor Lot Size Square Feet: 3980

  • Listing Price Information

    Original List Price: 1,299,000 Listing Contract Date: 2026-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5056010019

  • Garage and Parking

    Garage Description: Driveway,On Site,Paved

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: West of Hoover St, between Venice Blvd and Washington Blvd Zoning: LARD1.5 Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Quadruplex
  • Building and Construction

    Property Age: 112 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1037 S Bonnie Brae, Los Angeles, CA, 90006 $1,525,000 4 2 3,524 3,524 SqFt
1867 W 11th, Los Angeles, CA, 90006 $1,625,000 11 8 6,630 6,630 SqFt
1845 W 12th, Los Angeles, CA, 90006 $1,249,000 8 5 4,258 4,258 SqFt
1230 S Bonnie Brae, Los Angeles, CA, 90006 $1,049,000 13 -- 5,426 5,426 SqFt
1153 S Westlake, Los Angeles, CA, 90006 $750,000 1 2 2,654 2,654 SqFt
2006 W 12th Street, Los Angeles, CA, 90006 $850,000 4 3 2,166 2,166 SqFt
1211 Elden Ave., Los Angeles, CA, 90006 $1,500,000 7 5 3,347 3,347 SqFt
1741 S S New England, Los Angeles, CA, 90006 $950,000 7 5 1,904 1,904 SqFt
1757 S New England, Los Angeles, CA, 90006 $1,050,000 4 3 2,147 2,147 SqFt
1724 Menlo Avenue, Los Angeles, CA, 90006 $2,900,000 15 16 7,300 7,300 SqFt

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ByOwner last updated this listing 07/07/2026 @ 14:04

MLS: TR26135099 LISTED BY: Annie Xiao Zhang, Universal Elite Inc. 949-379-6713 SOURCE: CRMLS

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