1425 18th St., Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1425 18th St.,Los Angeles, CA 90006
$1,380,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: annie xiao zhang
Office: universal elite inc.
MLS#:TR26012696
Source:CAREIL
Price summary
- Price:$1,380,000
About this home
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 property 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...
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Home facts
- Year built:1914
- Listing ID #:TR26012696
- Added:67 day(s) ago
- Updated:March 29, 2026 at 04:23 PM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Microwave, Refrigerator
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1914
- Lot area:0.09 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,380,000
Features and amenities
- Laundry features:Stacked Only
- Amenities:Ceiling Fan(s)
Parking
- Parking description:Common Garage, Other
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