1824 S Highland Ave Los Angeles, CA 90019

• September, 2023

• Sep 13, 2023

  Date

  Sold

  CRMLS: 23284809

  $1,762,500

  Price

• Jun 27, 2023

  Date

  Active

  CRMLS: 23284809

  $1,800,000

  Price

• June, 2023

• Jun 26, 2023

  Date

  Canceled

  CRMLS: 23257889

  $1,950,000

  Price

• Apr 8, 2023

  Date

  Active

  CRMLS: 23257889

  $2,050,000

  Price

• Listing provided courtesy of CRMLS

  $100K PRICE REDUCTION *UNITS: (2) 3 bed/1.75 bath, (2) 3 bed, 1.5 bath*MONTHLY RENT: $11,129 (Current), $12,400 (Pro forma)*CAP RATE: 5.15% (Current), 5.91% (Pro forma) *GRM: 14.59 (Current), 13.10 (Pro forma)* FEATURES: Each unit is separately metered for gas, electricity, and water; open floor plans with plenty of natural light; real hardwood flooring; in-unit laundry; 6 parking spaces (2 surface spots and 2 two-car garages with tandem parking); garages have the potential to be converted into ADUs.*LOCATION: Centrally located in the Mid-City neighborhood of Los Angeles, within a 10-minute drive to Downtown Culver City, HBO's Headquarters at Ivy Station, Amazon Studios, and Culver Crossing (Apple's proposed new campus)*NOTES: Two upstairs units were fully remodeled in 2021, one unit was remodeled in 2019, and a new gas line and dryer were installed in the fourth unit earlier this year. Interior showings are available with an accepted offer. Please do not disturb tenants or walk on the property.

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• June, 2022

• Jun 14, 2022

  Date

  Sold

  CRMLS: BB22085738

  $2,200,000

  Price

• May 2, 2022

  Date

  Active

  CRMLS: BB22085738

  $2,199,000

  Price

• Listing provided courtesy of CRMLS

  1824 S Highland Ave is a fully stabilized, pride-of-ownership fourplex located in the rapidly developing Mid-City neighborhood only a few minutes from trendy Downtown Culver City! Two of the units were given a full-scale remodel in 2021 that’s on par with new construction! A third unit was lightly remodeled in 2019 and achieved an outstanding rent close to today’s market value! With SEPARATE METERS for all utilities (tenants pay all!) and upscale renovations, this is the closest thing you’ll get to buying a new construction fourplex without having to spend over $3.5 million dollars! Additionally, it is important to note the potential to add one or two ADU’s on the property, which would add tremendous value. The units boast spacious, open floor plans, plentiful windows letting in ample natural lighting, real hardwood flooring, washers and dryers in all units, stainless steel kitchen appliances for 2 of the 4 units, and 4 new water heaters (2 are brand new, 2 were installed in the past year or two)! The two upstairs units also get access to a lovely shared balcony. In the rear of the property there are two 2 car-garages (tandem) and 2 surface parking spaces. The current cap rate is an outstanding 4.51% and the pro forma cap rate is 4.94%! With new constructions selling in this hot pocket of Mid-City for over $3 million dollars and renting for over $4,000 for a 3 bedroom, we feel this property will continue to appreciate greatly over time. 1824 S Highland is located less than 10 minutes from Downtown Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). This area boasts a huge quantity of entertainment, tech, and creative jobs- ideal for leasing!

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• April, 2022

• Apr 23, 2022

  Date

  Leased

  CRMLS: BB21205857

  $3,000

  Price

• Feb 9, 2022

  Date

  Price Change

  CRMLS: BB21205857

  $2,875

  Price

• Sep 17, 2021

  Date

  Active

  CRMLS: BB21205857

  $3,200

  Price

• Listing provided courtesy of CRMLS

  **NOW OFFERING 1 MONTH OF FREE RENT!** --> (the discount of $3,000 is incorporated into the listing price of $2,750 but lease will say $3,000/month and waive 1 month of rent!) This won't last long, less than $3,000 for a renovated 3 bedroom! Be the first to live in this updated (Kitchen/Baths) 3 bedroom unit! Designer kitchen! Brand new appliances! Shared Balcony for outdoor space! You have to see it to believe it! Absolutely stunning remodeled unit in the most upcoming area of Los Angeles, Mid-City! Live less than 12 minutes ($10 Uber Ride) from trendy Downtown Culver City + the Culver City Arts District! You’re MINUTES from the hippest restaurants + bars in town, like Father’s Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, Honey Kettle, CAVA, Bondi Harvest, The Culver Hotel + way way more! Just 1 mile from Miracle Mile with a plethora of trendy restaurants like Republique, Met Her At A Bar, Yuko Kitchen, Commerson and many more! This is the PERFECT in-between for anyone commuting to opposite ends of LA. Other perks this home has to offer besides the amazing location, privacy + basically new unit: • Filled with windows to bring in tons of natural light • Spacious living room, perfect for entertaining • Brand new ceiling fans in every room • Shared Balcony with just 1 other unit • Huge master bedroom with bay windows • BRAND NEW appliances including Washer and Dryer (will be installed next week) • Premium Custom Kitchen Cabinets • Designer Tile + Fixtures • High Ceilings • Beautiful Bathroom Vanities • Upper level units so nobody above you!

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• March, 2015

• Mar 26, 2015

  Date

  Sold (Public Records)

  Public Records

  $1,155,000

  Price

• August, 2012

• Aug 21, 2012

  Date

  Sold (Public Records)

  Public Records

  $925,000

  Price

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