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.
How many bedrooms does this multi-family home have?
There are 29 bedrooms in this multi-family home at 2405 W 18th Street.
Does this multi-family home have parking?
Yes, there are 19 parking spaces available for 2405 W 18th Street.
How does 2405 W 18th Street compare to other multi-family homes in Angelus Vista?
This multi-family home is listed 127% above the average price for multi-family homes in Angelus Vista and has been on the market for 56 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 17,241 sqft.
2405 W 18th Street is a 29-bedroom multi-family home for sale in Los Angeles CA 90019. Available on Prevu for 71 days at $4,100,000. This home features 17,241 square feet of living space, located in Angelus Vista. The median listing price for multi-family homes in this area is $1,650,000. Additional amenities include parking and washer/dryer. Browse more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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