Homes for sale - 4536 W 18th ST, Los Angeles, CA 90019

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Engel & Völkers Palm Desert

palmspringsdesertrealestate@gmail.com +1(909) 327-2223

$ 3,900,000

Est. payment -/mo

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Price Dropped by $295K

4536 W 18th ST Los Angeles, CA 90019

7,000 Sqft Lot

UPDATED:

10/25/2024 12:29 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24116868

Construction Status Turnkey,Under Construction

HOA Y/N No

Year Built 2024

Lot Size 7,000 Sqft

Property Description

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

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Interior Features Ceiling Fan(s), High Ceilings, Pantry, Quartz Counters, Recessed Lighting, Tandem, Unfurnished, Bedroom on Main Level

Heating Central, Forced Air, High Efficiency, Natural Gas, See Remarks

Cooling Central Air, Electric, High Efficiency

Flooring See Remarks, Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Water To Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage, See Remarks

Exterior

Parking Features Direct Access, Garage, Tandem

Garage Spaces 8.0

Garage Description 8.0

Fence Wood

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

View Y/N Yes

View City Lights, Coastline, Hills, Neighborhood, Panoramic

Roof Type Flat

Total Parking Spaces 8

Private Pool No

Building

Lot Description Level, Rectangular Lot

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Modern

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey,Under Construction

Others

Senior Community No

Tax ID 5071024026

Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Conventional, 1031 Exchange, Submit

Special Listing Condition Standard

Listed by Christopher Kenmore • Kenmore Realty Group • 714-299-2755

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

Engel & Völkers Palm Desert

4536 W 18th ST Los Angeles, CA 90019

Key Details

Location

Interior

Exterior

Building

Others

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4536 W 18th ST