2405 W 18th Street, Los Angeles, CA 90019
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2405 W 18th Street,Los Angeles, CA 90019
$4,100,000
- 29 Beds
- 19 Baths
- 17,241 sq. ft.
- Multi-family
- Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:25630389
Source:CRMLS
Price summary
- Price:$4,100,000
- Price per sq. ft.:$237.81
About this home
2405 W. 18th Street is a compelling multifamily investment opportunity characterized by large units, an excellent unit mix, and strong in-place cash flow. The property is located in a high-demand Los Angeles rental pocket benefiting from consistent tenant demand and limited competing supply. The property features a desirable unit mix of ten (10) two-bedroom units and nine (9) one-bedroom units, offering larger-than-average floor plans that appeal to long-term renters. The balanced mix and generous unit sizes provide durability across market cycles and position the asset favorably for sustained occupancy and rent growth. From an investment standpoint, the property is offered at an exceptionally low price per square foot of approximately $238 with strong in-place cash flow metrics, including a 10.25 GRM and a 5.92% capitalization rate. Additionally, the property offers approximately 29% upside in rents and potential to add accessory dwelling units (ADUs) pursuant to Senate Bill 1211, subject to buyer verification. The attractive going-in yield supports favorable purchase financing and provides investors with immediate income alongside meaningful long-term upside....
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Home facts
- Year built:1963
- Listing ID #:25630389
- Added:106 day(s) ago
- Updated:May 23, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:29
- Total bathrooms:19
- Kitchen Description:Refrigerator, Washer
- Living area:17,241 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1963
- Building area:17,241 sq. ft.
- Lot area:0.29 Acres
- Architectural Style:Mid Century Modern
- Construction Materials:Stucco
- Levels:Multi Split
Finances and disclosures
- Price:$4,100,000
- Price per sq. ft.:$237.81
Features and amenities
- Appliances:Dryer, Refrigerator, Washer
- Laundry features:Common Area, Dryer, Washer
- Amenities:Carbon Monoxide Detectors, Key Card Entry, Smoke Detectors
Parking
- Total parking spaces:19
- Parking description:Assigned, Carport, Covered, Private
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