4536 W 18Th Street

Los Angeles, CA 90019

PRICE REDUCED

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-$495,000 (-11.26%)

$3,900,000

List Price

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bed Beds

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shower Baths

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2024

calendar_month Built

Property Description

LUXURY FOURPLEX with AMAZING PANORAMIC VIEWS Mid-City, Los Angeles Exciting newly constructed luxury fourplex presents an outstanding investment opportunity! Located in an Opportunity Zone and not subject to rent control. All units have 4 bedrooms, 4 bathrooms, and private roof decks. Two are 1,893 SF, each with 819 SF roof decks Two are 1,539 SF, each with 672 SF roof decks. STRUCTURAL: The widely renowned firm of Gouvis Engineering was brought in to ensure a finished project that is second to none. Higher standards of construction and uncommon upgrades elevate this property to a higher level that will inspire confidence and pride of ownership with any investor. From the top down: ROOF: Each unit includes a large private roof deck with expansive views of Hollywood hills, downtown skyline, mountains, coastline, city lights, and night sky. The added living space available on each deck make them a key feature for residents. THIRD LEVEL: 3 spacious bedrooms with large closets, en suite bathrooms beautifully adorned with quartz (Carrera) countertops and custom tilework, and 1 of 2 laundries. SECOND LEVEL: Another large bedroom and guest bathroom (with similar attributes as above). The gorgeous kitchen features stainless steel appliances, a large island (with slide-in range, hood, and space for counter seating), quartz counters, tile backsplash, and handsome white shaker cabinetry (providing plenty of storage). The kitchen is open to the adjoining living room and dining area. This is a perfect place for gatherings and entertaining! FIRST LEVEL: Outdoor patios, oversized tandem garage featuring an additional laundry, two 220V outlets for electric vehicle charging, bike and storage space, plus extra floor space for work out equipment. SOME ADDITIONAL FEATURES: Private backyard patios, 100% permeable paver driveway (gated), tankless water heaters with circulating hot water, luxury vinyl plank flooring throughout, ceiling fans, Milgard windows (more than typical), lots of recessed lighting, fire sprinkler system, PEX supply lines, cast-iron waste lines, and separate meters for electricity, gas, and water. (see supplements for more information). Less than 5 miles to USC, close to Arts and Entertainment, dining, shopping, downtown, and transportation. These units will be attractive to a discerning rental market looking for higher end properties. A must-see investment opportunity!

Listing Information

List Price $3,900,000
Status Active
MLS OC24116868
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 2024
Lot Size 7,001
Structure Size N/A
DOM 72
Courtesy Of Kenmore Realty Group
Listing Agent Christopher Kenmore DRE#01146873

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage, See Remarks
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material See Remarks, Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), High Ceilings, Pantry, Quartz Counters, Recessed Lighting, Tandem, Unfurnished, Bedroom on Main Level
Cooling Type
Cooling Type Central Air, Electric, High Efficiency

Exterior Information

Maps

Listing information courtesy of: Christopher Kenmore, Kenmore Realty Group 714-299-2755. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 3:55 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.