4536 W 18th Street, Los Angeles, CA 90019

$3,599,000

FULLY LEASED LUXURY FOURPLEX with AMAZING PANORAMIC VIEWS Mid-City, Los Angeles Exciting newly constructed luxury fourplex presents an outstanding investment opportunity! Not subject to rent control. All units have 4 bedrooms, 4 bathrooms, and private roof decks. Two are 1,893 SF, each with… Read More 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 are attractive to a discerning rental market looking for higher end properties. A must-see investment opportunity! Read Less

Listing Snapshot

Days Online

128

Last Updated

May 13, 2025

Property Type

Quadruplex

Lot Size

0.16 Acres

Year Built

2024

MLS Number

OC25002442

30 Days Snapshot Of 90019

$1.41M

-15%

(avg) sold price

+20%

homes sold

+67%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage type: CityStreet, Road surface type: Paved

Appliances & Equipment

Dishwasher, Disposal, GasRange, GasWaterHeater, HighEfficiencyWaterHeater, HotWaterCirculator, RangeHood, TanklessWaterHeater, VentedExhaustFan, WaterToRefrigerator

Building

Built in 2024, Building area total: 6,864, Levels: ThreeOrMore, 2 buildings, Architectural style: Contemporary, Modern, Attached, Common walls: OneCommonWall

Community

Curbs, Gutters, StreetLights, Sidewalks

Cooling

CentralAir, Electric, HighEfficiency

Expenses

Electric expense: $600, Insurance expense: $3,000, New taxes expense: $43,200, Operating expense: $46,800

Fence

Wood

Fireplaces

None

Floors

SeeRemarks, Vinyl

Garage

8 spaces

Heating

Central, ForcedAir, HighEfficiency, NaturalGas, SeeRemarks

Income

Gross income: $234,000, Net operating income: $184,200

Interior Features

CeilingFans, HighCeilings, Pantry, QuartzCounters, RecessedLighting, Tandem, Unfurnished, BedroomOnMainLevel

Laundry

WasherHookup, GasDryerHookup, LaundryCloset, InGarage, SeeRemarks

Lot

0.1607 acres, 7,001 square feet, Size: 7,001, Level, RectangularLot

Energy Saving

Green energy efficient: Lighting, WaterHeater, Windows

Parking

8 totals parking, DirectAccess, Garage, Tandem

Pool

None

Property

Zoning: LARD1.5, CityLights, Coastline, Hills, Neighborhood, Panoramic

Roof

Flat

Security Features

CarbonMonoxideDetectors, FireDetectionSystem, FireSprinklerSystem, SmokeDetectors

Sewer

PublicSewer

Spa

None

Tenant Pays

AllUtilities

Utilities

Volts220InGarage, ElectricityConnected, NaturalGasConnected, SewerConnected, UndergroundUtilities, WaterConnected

Windows

DoublePaneWindows, Screens

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