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Listed by Steve Kim • Best Realty & Investment, Inc.
$ 2,400,000
Est. payment /mo
Active
2367 W 18th ST Los Angeles, CA 90019
8,917 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25166663
Year Built 1946
Lot Size 8,917 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Interior
Laundry None
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool None
Building
Water Other, District - Public
Others
Tax ID 5073012026
Special Listing Condition Not Applicable
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