2442 W 18th St, Los Angeles, CA 90019
See all 32 photos
2442 W 18th St, Los Angeles, CA 90019
2442 W 18th St, Los Angeles, CA 90019
2442 W 18th St, Los Angeles, CA 90019
2442 W 18th St, Los Angeles, CA 90019
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,750,000
Est. payment /mo
Save
Active

2442 W 18th St Los Angeles, CA 90019

15 Beds

8.5 Baths

8,431 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,431 sqft

Price per Sqft $326

MLS Listing ID 26840475

Style Traditional

Bedrooms 15

Year Built 1937

Lot Size 0.266 Acres

Acres 0.2663

Property Sub-Type Multi-Family

Property Description

Pleased to Present this great Income-Producing Multifamily Opportunity in the heart of Mid-City/West Adams adjacent to Arlington Heights in Los Angeles. Featuring two separate buildings of approx. 8431 SF on a large 11,600 SF, LAR3-Zoned lot. With Two addresses: 1805 S. Gramercy Place & 2442 W. 18th Street with one APN, this well-maintained 7-unit property offers strong in-place income with additional value-add & Development Potential. Built in 1937, Subject Property consists of a fourplex featuring four spacious 2+1 units and a separate triplex comprised of three attached townhome-style residences. The buildings showcase classic architectural character with period crown moldings, hardwood flooring throughout, abundant natural light, and updated windows throughout the property. Ownership has completed renovations to 2 of the 7 units while preserving the property's original charm. The most recent updates are the staircase on the side of the building & installation of individual Gas shut-off Valves. Six residences are equipped with in-unit washer and dryers. Individually metered for gas and electricity. Contact the listing agent for additional details. 7 Assigned parking spaces on site on a rebuilt Parking Area. The expansive lot allows the rear portion a potential for additional development, including possible ADU construction (buyer to independently verify all development possibilities, zoning requirements, and approvals with the City of Los Angeles). Ideally situated within approximately 2.5 miles of USC, Downtown Los Angeles, LA Live, Crypto.com Arena, and numerous employment, entertainment, and transportation hubs. This property presents an outstanding opportunity for investors seeking stable cash flow. One unit Vacant (currently on the Market for lease at $2850.00). This is a Straight Sale with No 1031 Exchange as long time Sellers are retiring!

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Ceiling Fan

Flooring Hardwood, Other

Fireplaces Type None

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Assigned, Uncovered

Garage Spaces 7.0

Pool None

Building

Story 2

Sewer In Street

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Sotheby's International Realty
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2442 W 18th St