4559 W 18th St is a 75% LEASED luxury NON-RENT CONTROLLED fourplex (triplex + ADU) in prime Mid-City! This property boasts a 5.54% cap rate, NO RENT CONTROL, all separate meters, premium luxury finishes, and a 1-year builder's warranty! Step into a top of the line, easy to manage investment that furnishes a high return on day one of ownership. 4559 W 18th St is made up of one 4 bedroom, 4.5 bathroom unit with a massive back deck (rented at $4,676), two 4 bedroom, 4 bathroom townhomes with huge balconies (rented at $4,999 and $4,800), and one spacious 2 bedroom, 2 bathroom ADU (pro forma rent of $2,850). Finding 4 units for less than 3 million is nearly impossible, so you’ll want to move fast on this one! Not to mention- finding 4 units that are fully leased prior to sale is even more rare! Now is the time to place your money in hiqh quality, tangible real estate as opposed to letting your money sit in the bank! This property is situated in the ultra-trendy Mid-City market, 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, this area attracts outstanding professional tenants!
Property Details
Property Features
Property Information:
Architectural Style: Modern
Year Built: 2023
Stories: 3
Listing Office:
Office Name: Myunits.com Inc.
Office Phone: (818) 850-8485
Listing Agent: Elizabeth Maddox
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Freezer, Disposal, Refrigerator, Dryer, Washer
Flooring Type: Vinyl
Interior: Balcony, Living Room Deck Attached, Open Floorplan, Unfurnished, Bedroom on Main Level
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Neighborhood
Parking Information:
Garage Space: 3 spaces
Parking: Assigned
Lot Features
Lot Information:
Lot: Back Yard, Landscaped
Lot Size: 0.13 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Los Angeles Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Alta Loma Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Heading North onVineyard Ave, make a right onto 18th St, property will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,875,000
Tax Information:
Annual Amount: $2,083
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $1.8M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #BB24026501
Listing Office:
Office Name: Myunits.com Inc.
Office Phone: (818) 850-8485
Listing Agent: Elizabeth Maddox
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/4/2024, 11:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 02, 2021
Mar 02, 2021Home Sold
$800,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,083
$163,665
2020
$2,023
$161,988
2019
$1,946
$158,813
2018
$1,906
$155,700
2017
$1,906
$152,648
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.98 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.16 miles
Public Magnet Grades 1-5
Middle School
2
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school0.68 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.29 miles
Public District Grades 6-8
High School
2
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.01 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.27 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.93 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.98 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.16 miles
Public Magnet Grades 1-5
Assigned Schools
2
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school0.68 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.29 miles
Public District Grades 6-8
Nearby Schools
4
/10
New Los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school1.10 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.01 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.27 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.93 miles
The neighbors living near this home have an average income of $41,588. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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This home is located at 4559 W 18th St in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This home, which was built in 2023, sits on a 0.13 acre lot. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $2,875,000.
Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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