3215 W 18th Street
Los Angeles, CA 90019
- – beds
- – baths
- – sqft
- 6,631 sqft lot
- 1961 build
- – on site
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$150,000 PER UNIT FOR ALMOST ALL 2-BEDROOM UNITS! We are pleased to present the exclusive opportunity to purchase a 7-unit income property in the burgeoning Mid-City / Arlington Heights neighborhood of Los Angeles. 3215 W 18th St was built in 1961 and added on to the original single family home that was built on the property in 1908. The legal 7-unit building is comprised of (6) 2-bedroom, 1-bathroom units and (1) studio* unit. There is carport and surface parking for 6 vehicles and the required soft story retrofit work was completed in 2020. The property is fully gated including the parking area. There is also a large shared outdoor space that can be used by tenants. Arlington Heights and its neighbors, West Adams and Jefferson Park, have seen a dramatic resurgence over the past several years. Many new businesses, restaurants, coffee shops, and even art galleries have entered the market to serve residents. The area is densely populated with about 20,000 people living in roughly 1 square mile. Public schools score above average, for the most part. 3215 W 18th offers the savvy investor a unique opportunity to purchase a quality multifamily asset at an attractive cost basis with significant remaining upside potential.
Last checked:
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Last updated Jan 17, 2025
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MLS# 24427897 —
The Building
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Year Built:1961
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Year Built Source:Other
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New Construction:No
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Building Area Total:5133.00
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Total Number Of Units:7
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:W 18th St at 3rd Ave
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Latitude:34.04104900
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Longitude:-118.31976100
The Property
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Property Type:Residential Income
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Zoning:LARD2
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Lot Size Area:6631.0000
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Lot Size Acres:0.1522
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Lot Size SqFt:6631.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5072031012
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/10/24
Oct 10, 2024
|
Sold | CRMLS_CA | $1,050,000 | |
|
9/16/24
Sep 16, 2024
|
Pending | CRMLS_CA | $1,050,000 | |
|
8/26/24
Aug 26, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,050,000 |
