2367 W 18th Street

Los Angeles , CA 90019

MLS#: SR25166663

$2,500,000

Status: Active
Listing number: SR25166663
Listing provided by: Best Realty & Investment, Inc.
Listing agent phone: None
Last update: 7 days ago
On site: 8 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1946

Sq.Footage

N/A

Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7,562 square feet of rentable space on an 8,917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    5

  • Parking

    Garage

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.2047

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $2,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    20

  • Water Source

    Public, See Remarks

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Steve Kim , Best Realty & Investment, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7,562 square feet of rentable space on an 8,917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.

2367 W 18th Street

Message successfully sent.

What would you like to know?

Related Properties

New on site 1 day ago
NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $228,714 a year with approximately $96,037 a year in expenses (expenses include Property Tax at 1.25% of List Price), this property is not just a great investment -- priced at a 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.
#25577225

Los Angeles

3744 Delmas Terrace

13 Beds

None Baths

7,624 Sq.Ft.

$2,649,000

MLS#: 25577225

New on site 4 days ago
601 W. 82nd Street is a 20-unit apartment building located at 601 W. 82nd Street in South Los Angeles. Situated on 18,603 square feet of land, the property consists of a one, two-story building boasting two (2) one-bedroom units and eighteen (18) two-bedroom units. The property was constructed in 1963 using wood frames and stucco construction. It has been under the same ownership group for the last forty (40) years. While the units have been kept in good condition over the years, there is an opportunity to untap 70% rental upside through turnover of the existing units and achieving market rents. The units are separately metered for gas and electricity, and the landlord pays for the water. The building requires the tuck-under parking to be retrofitted. The seller has not started the process.
#CV25179030

Los Angeles

601 W 82nd Street

None Beds

None Baths

14,016 Sq.Ft.

$2,650,000

MLS#: CV25179030

New on site 4 days ago
First time on the market in a generation, this 9-unit non-RSO apartment building is a rare find with huge upside with super low rents. Built in 1988, the property offers a great mix of units: 1 three-bedroom/two-bath, 4 two-bedroom/two-bath, and 4 one-bedroom/one-bath. The attractive layouts and size of all units make it especially appealing to tenants. The property is conveniently located near everything—buses, Metro lines, markets, schools, and hospitals. Most of the units have updated kitchens with granite countertops, and all are separately metered for gas and electricity. Under an astute owner there is tremendous upside in rent and appreciation. This is a solid opportunity to add a clean, low-maintenance, and well-located building to your portfolio. Please do not disturb tenants. Drive by only. Showings available with accepted offer.
#AR25179186

Los Angeles

2028 Daly Street

None Beds

None Baths

7,654 Sq.Ft.

$2,288,000

MLS#: AR25179186

Amazing opportunity to owner user. Well maintained complex a perfect location.4 specious units with functional floor plans.The units have been tastefully remodeled hardwood floor (one unit is carpet),bathrooms,A/C unit, roofing, etc. On site laundry, automatic gate total of 13 parking spaces. For any inquires,please call or text to listing agent. Don't miss this opportunity!! Please do not disturb tenant.!!
#25576055

Los Angeles

125 S New Hampshire Avenue

10 Beds

None Baths

5,426 Sq.Ft.

$2,490,000

MLS#: 25576055

None
#25575801

Los Angeles

1475 Venice Boulevard

10 Beds

None Baths

6,766 Sq.Ft.

$2,100,000

MLS#: 25575801

Turnkey income property at 2927 S Redondo Blvd—100% occupied with strong cash flow. Features separate gas/electric meters, dedicated parking for each unit, and recent updates. Mid-6% cap rate with upside. Prime location near USC, DTLA & Culver City. Ideal for stable returns and long-term growth.
#PW25177795

Los Angeles

2927 S Redondo Boulevard

None Beds

None Baths

5,138 Sq.Ft.

$2,999,000

MLS#: PW25177795

Located in Prime West Los Angeles, adjacent to Brentwood, 1253 Federal Avenue is a well-maintained 9-unit multifamily property offering strong current income and long-term upside potential. This is the first time the property has been on the market in over 30 years. Built in 1963, the property features an excellent unit mix consisting of (1) 3-bedroom/2-bathroom unit, (1) 2-bedroom/2-bathroom unit, (1) 2-bedroom/1.5-bathroom unit, (5) 1-bedroom/1-bathroom units, and (1) studio unit. Two units will be delivered vacant at close of escrow, presenting immediate value-add opportunity for investors or owner-users. Recent capital improvements include a completed Earthquake Seismic Retrofit, ensuring long-term structural integrity and compliance with local mandates. The building offers gated entry, on-site parking, and an on-site laundry room. Several units have received interior upgrades over the years, increasing their tenant appeal and rent potential. Strategically situated just minutes from Brentwood, UCLA, Santa Monica, and Century City, 1253 Federal Avenue provides convenient access to West LA's premier lifestyle amenities, top-tier employment centers, and major transit corridors. With its highly desirable location, completed seismic retrofit, strong unit mix, and rare offering status, 1253 Federal Avenue represents a unique opportunity to acquire a stabilized, income-generating asset in one of Los Angeles' most sought-after rental markets.
#25574355

Los Angeles

1253 Federal Avenue

12 Beds

None Baths

7,208 Sq.Ft.

$2,795,000

MLS#: 25574355

We are pleased to offer for sale a timeless mid-century gem located in prime West Los Angeles. 1453 S Westgate Avenue, perfectly positioned along a tree-lined street, presents the unique opportunity to acquire a quintessential turnkey property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units, with some units featuring outdoor patios or a separate office space. Each of the units has a terrific floor plan and offers an abundance of natural light. Many units have been designer remodeled and luxury upgraded with top of the line appliances, hardwood flooring, and updated kitchens and bathrooms. Other property features include well landscaped grounds, a pitched roof, copper plumbing, an on-site laundry facility, and ample on-site parking. All soft story seismic retrofit has been completed by ownership (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
#25574441

Los Angeles

1453 S Westgate Avenue

9 Beds

None Baths

4,872 Sq.Ft.

$2,795,000

MLS#: 25574441

Stunning 1934 Spanish Art Deco duplex in prime South Carthay. Enter through a charming, gated courtyard and discover a rare opportunity to own two stylishly reimagined and expansive 3-bedroom, 2-bath residences, each brimming with character and bathed in natural light from oversized French windows in every room. The upper unit will be delivered VACANT, offering immediate move-in or rental potential while the lower unit is currently leased at $6,200/month. Both units boast nearly identical layouts and showcase classic period details including elegant coved ceilings, graceful archways, hardwood floors, original built-ins, and oversized living and formal dining rooms. Each unit also includes a spacious breakfast room perfect for casual dining or a cozy workspace. The lower unit features a flexible 4th bonus room ideal for a home office, guest room, or creative studio. Extensively remodeled throughout, both homes feature updated kitchens and baths, all-new plumbing and electrical systems, and a brand-new roof offering vintage charm with modern peace of mind. Sitting on a 6,372 sq. ft. lot, the property also includes a detached 4-car garage with an EV hookup. This gorgeous property lies in the heart of the sought-after South Carthay HPOZ, just moments from the world-class shopping, dining, and parks of Beverly Hills. A truly exceptional offering in a coveted location, blending timeless style, income potential, and unbeatable proximity to Beverly Hills, local parks, and upscale shops.
#25573125

Los Angeles

1115 S Crescent Heights Boulevard

6 Beds

None Baths

3,858 Sq.Ft.

$2,695,000

MLS#: 25573125

3411 Drew Street is a 15-unit apartment building located in the quaint neighborhood of Glassell Park. Situated between Glendale and Eagle Rock, the property is in close proximity to a plethora of dining options such as Dunsmoor, The Grant, Solarc Brewing, and Bub and Grandma’s Restaurant. In addition, Fairfield Residential’s new 370- unit apartment complex (Wylden) is set to begin leasing in the coming months which will ultimately increase the rent ceiling for neighboring owners. The property consists of two (2) one-bedroom units and thirteen (13) two-bedroom units spread across 11,124 rentable square feet. Each unit is separately metered for gas/electric and is allocated one parking space. While the units have been kept in good condition, there is approximately 37% upside in rent that can be achieved as the units turnover. The property is being offered for sale along with the parcel next door that is a 16-unit apartment building.
#CV25174783

Los Angeles

3411 Drew Street

None Beds

None Baths

11,124 Sq.Ft.

$3,000,000

MLS#: CV25174783

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here