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.
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
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
DATE
EVENT
PRICE
Feb 24, 2010
Feb 24, 2010Home Sold
$250,000
Nov 05, 1993
Nov 05, 1993Home Sold
$140,000
Oct 27, 1989
Oct 27, 1989Home Sold
$87,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
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NMLS#3030
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
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.93 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.06 miles
Public Magnet Grades 1-5
Middle School
3
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school0.78 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.35 miles
Public District Grades 6-8
High School
3
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.02 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.37 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.84 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Alta Loma Elementary School
1745 Vineyard Ave
Distance between this listing and this school0.08 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.93 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school20.06 miles
Public Magnet Grades 1-5
Assigned Schools
3
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school0.78 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.35 miles
Public District Grades 6-8
Nearby Schools
4
/10
New Los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school1.01 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Los Angeles Senior High School
4650 W Olympic Blvd
Distance between this listing and this school1.02 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.37 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.84 miles
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 5/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Johnnie Cochran, Jr., Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Los Angeles Senior High School: GreatSchools Rating 3/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel 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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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.