1102 W 18th Street Los Angeles, CA ^$ 1,195,000

1102 W 18th Street

^$ 1,195,000

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1102 W 18th Street

Los Angeles, CA, 90015

^$ 1,195,000

Bedrooms8 Baths4.0 Sq 3,784

Monthly Estimate*

^$ 8,347

Listed by Carolwood Estates

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Multi-Family Home for sale in Los Angeles, CA

for $1,195,000 with 8 bedrooms and 4 full baths. This 3,784 square foot home was built in 1920 on a lot size of 0.1152.

We are pleased to present the opportunity to acquire 1102 W. 18th Street, a four (4) unit multifamily investment, located in Downtown LA. This two-story building was constructed of wood frame and stucco on a raised foundation, featuring a total square footage of 3,784 SF on a 5,020 SF lot. The unit mix consists of four (4) spacious 2-bedroom + 1-bathroom units, of which two (2) units will be delivered vacant upon the close of escrow. Given the location, attractive local area amenities, and opportunity to increase rental income, this investment presents an excellent opportunity for an investor to acquire a unique premier property in the attractive Downtown LA submarket that will provide exponential returns.

Multi-Family Active

Price

^$ 1,195,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1152

Year Built

1920

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24372485

Days on Market

Features

General

Appliances Refrigerator

Zoning LARD1.5

Year Built 1920

Levels MultiSplit

Gross Income 95892.0

County Los Angeles

Net Operating Income 71755.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 1102 W. 18th Street Los Angeles 90015

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 5020.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 18th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 8

Standard Status Active

Cap Rate 6.0

Exterior

Total Parking 6.0

Lot Size Area 5020.0

Number of Buildings 1

Spa N

Building Area Total 3784.0

Lot Size Acres 0.1152

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 4

Internal Only

Street Number 1 1102

* Excluded Features

List By

Carolwood Estates

Broker

(310) 402-8958

Phone

Affordability Calculator

$8,347

Per Month

Monthly Principal & Interest: $8,347
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 67%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$1,195,000		Listed Price

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1102 W 18th Street, Los Angeles, CA, 90015 is a Multi-Family Home for sale at $1,195,000 with 3,784 sqft and a lot size of 0.1152. 1102 W 18th Street has 8 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 90015 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1102 W 18th Street

Multi-Family Home for sale in Los Angeles, CA

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