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2460 W 18Th St, Los Angeles, CA 90019
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2460 W 18Th St Los Angeles, CA 90019

$1,800,000
  • 13 Beds
  • 9 Baths
  • 9,568 Sq.Ft.
For Sale
$1,800,000 Get Pre-Qualified
Map preview of 2460 W 18Th St, Los Angeles, CA 90019

Property Overview: 2460 W 18Th St Los Angeles, CA has 13 bedrooms, 9 bathrooms, 9,568 living square feet and 11,635 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The property features 9,568 square feet of rentable area and is situated on an 11,632-square foot lot. The 9 - unit building is composed of 4 two-bedroom/one-bathroom units and 5 one bedroom/one-bathroom units. The building is well-maintained and offers on-site parking for tenants. The property is situated in one of the most promising locations in Los Angeles, sitting North of Washington, sandwiched between Arlington and Western. This location offers a tremendous amount of dining, shopping, and entertainment destinations in walking distance of the property, while being a short commute to major employment centers such as Century City, Beverly Hills, Hollywood, and Downtown Los Angeles.2460 W 18th St offers tenants excellent proximity to some of Los Angeles' finest amenities such as Mid-Town Crossing, Target, Little Ethiopia, the World renowned shopping center, The Grove, LA County Museum of Art (LACMA) and others. Nearby grocers include Ralph's, Whole Foods Market and Sprouts. Local dining options include N/Soto, El Cholo, Roscoe's Chicken and Waffles, Kantana LA and more.

Listed by Chandler Rockwell | BRE #02080782 | Fred Leeds Asset Group Inc.
Last checked: 9 minutes ago | Last updated: May 17th, 2024 | Source CRMLS | DOM: 21
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Home details

Lot Sq. Ft
11,635
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24387249
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $5,596
  • Pro Forma/Market Rent: $11,250
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $6,006
  • Pro Forma/Market Rent: $9,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.82%
  • Gross Rent Multiplier: 12.56
  • Gross Scheduled Income: --
  • Net Operating Income: $91,506
  • Gross Operating Income: $152,437
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2460 W 18Th St

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Property Details for 2460 W 18Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway
Property Information
  • Total # of Units: 9
  • Parcel Number: 5073018001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 2460 W 18TH ST, LOS ANGELES, CA 90019
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Sale History for 2460 W 18Th St

Last sold for $755,000 on June 1st, 2009

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 24387249

    $1,900,000

    Price

  • June, 2009

  • Jun 1, 2009

    Date

    Sold (Public Records)

    Public Records

    $755,000

    Price

  • March, 2003

  • Mar 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

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Tax History for 2460 W 18Th St

Assessed Value (2020): $889,000
Year Land Value Improved Value Assessed Value
2020 $588,745 $300,255 $889,000

Home Value Compared to the Market

This property vs the competition

2460 W 18Th St is listed 44.12% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $188.13 per/sqft which puts the price per square foot 75.69% lower than the median price per square foot for the city of Los Angeles.

About 2460 W 18Th St

Detailed summary of property

2460 W 18Th St is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 13 bedrooms, 9 bathrooms, roughly 9,568 living square feet, and sits on an approximately 11,635 square foot lot. 2460 W 18Th St was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $1,800,000 and was originally asking $1,900,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 44.12% higher than the median priced home. Local competing homes currently for sale include 1057 S Hobart Blvd, 4011 Country Club Dr and 1152 S Bronson Ave. While the average home in Los Angeles, CA is selling in 94 days, 2460 W 18Th St has a days on market of 21 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2460 W 18Th St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2460 W 18Th St

Public county record property details
Beds
10
Baths
9
Year built
1922
Sq. Ft.
9,568
Lot Size
11,631
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5073-018-001

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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