11 days on rocket

4647 W 18th St, Los Angeles, CA, 90019

$3,349,000

16 Bedrooms
17 Baths
7,250 SqFt
$462/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingAttached Carport, Covered, Door-Multi, Driveway, Garage, Private
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Park
MLS #24388309
Lot Size0.15 Acres
StatusActive

About 4647 W 18th St

Bartierra Group is pleased to present the exclusive opportunity to acquire 4647 W 18th St , a MASSIVE BRAND NEW 4 units multi-family building with rooftop decks, fully vacant and NO RENT CONTROL comprising of 2 4 bed, 4 bath and 2 4 bed and 4.5 bath. This trophy investment opportunity is not only ideally located in the heart of Mid City but also is eligible for DEPRECIATION benefits, which can help reduce your taxable income while increasing your cash flow. With excellent proximity to one of the hottest areas in LA, entertainment districts and restaurants, this community is an attractive destination for locals, business entrepreneurs, students and urban young professionals making it a unique opportunity for short-and long-term rentals alike. Yes! You read it right. NO RENT CONTROL. All 4 units have legal separate addresses and are separately metered for water, gas and electric so your tenants will pay for all utilities reducing your carrying costs significantly. With top of the line finishes this income producing property will give you the peace of mind and long-term appreciation you are looking for. It comes fully equipped with top of the line appliances and SOLAR PANELS. Dream 1031 exchange opportunity. With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity. Don't miss out! Make this asset your next one or your first one! There is no safer investment than Los Angeles new construction multi-family.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Stories: 3
  • Living Area: 7,250 SqFt

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Barbara Isabel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Laminate
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Park

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Carport, Covered, Door-Multi, Driveway, Garage, Private

Lot Features

Lot Information:

  • Lot Size: 0.15 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: S of Venice Blvd & East of La Brea

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,349,000
  • Price Per SqFt: $462/SqFt

Tax Information:

  • Annual Amount: $3,763
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

4647 W 18th St vs Los Angeles

11 DAYS ON ROCKET

-23 Days

$3,349,000

+$2.3M More

$462/SqFt

-$170 Less

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $170/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24388309

Listing Office:

  • Office Name: Keller Williams Beverly Hills
  • Office Phone: (310) 432-6400
  • Listing Agent: Barbara Isabel

IDX 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: 5/23/2024, 9:20:36 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

Feb 24, 2010Home Sold
$250,000
Nov 05, 1993Home Sold
$140,000
Oct 27, 1989Home Sold
$87,500

Tax History

YEARPROP. TAXASSESSMENT
2021$3,763$298,118
2020$3,654$295,062
2019$3,517$289,277
2018$3,443$283,606
2017$3,443$278,046

History based on county public records data.

Payment Calculator

$16.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.1K

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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

school-card-donut-577182
5
/10
  • Alta Loma Elementary School

  • 1745 Vineyard Ave

  • 0.08 miles

  • Public District Grades KG-5

school-card-donut-577183
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.93 miles

  • Public Magnet Grades KG-6

school-card-donut-577184
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.06 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-577185
3
/10
  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 0.78 miles

  • Public District Grades 6-8

school-card-donut-577186
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.35 miles

  • Public District Grades 6-8

High School

school-card-donut-577187
3
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 1.02 miles

  • Public Magnet Grades 9-12

school-card-donut-577188
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.37 miles

  • Public Magnet Grades 9-12

school-card-donut-577189
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.84 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,500. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4647 W 18th St

What is the listing price of this property?

The listing price of 4647 W 18th St property is $3,349,000.

What type of property is this?

The property 4647 W 18th St is a house located in Los Angeles, California, 90019.

Is this property for sale now?

Active Listing: 4647 W 18th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4647 W 18th St are:
Alta Loma Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Johnnie Cochran, Jr., Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,763 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 24, 2010 for $250,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4647 W 18th St has 16 bedrooms and 17 bathrooms.

What is the square footage of this property?

The property 4647 W 18th St is 7,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4647 W 18th St is 2024.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900194647 W 18th St

This home is located at 4647 W 18th St in Los Angeles, CA and zip code 90019 in the Mid-City neighborhood. This 7,250 square foot home, which was built in 2024, sits on a 0.15 acre lot. Features: 16 bedrooms, 17 bathrooms. It has been listed on Rocket Homes since May 12, 2024 and is currently priced at $3,349,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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