4505 W 18 Street

4505 W 18th Street is a beautifully designed 2022-built six-unit investment opportunity

in the heart of Mid-City. This fully stabilized, non-rent-controlled

asset is 100% leased and offers a strong 5.93% current cap rate

with additional upside to a 6.22% pro forma cap rate, making it

an ideal turnkey investment for both cash flow and long-term

appreciation.

The property consists of two 4-bedroom, two 3-bedroom, and

two 2-bedroom residences totaling approximately 8,156 square

feet. Designed with today's renters in mind, each spacious unit

features high ceilings, oversized windows, expansive balconies or

patios, modern kitchens and bathrooms, stainless steel

appliances, central HVAC, and in-unit washers and dryers. All

units are separately metered for gas, electricity, and water,

helping minimize operating expenses while maximizing net

income. Four of the six leases extend into mid-to-late 2027,

providing stable, predictable cash flow from day one.

Ideally situated in one of Los Angeles' strongest rental markets,

the property is just minutes from Culver City, Miracle Mile, and

major employment centers including Amazon, Apple, HBO, and

Sony. As opportunities to acquire newer, fully stabilized, nonrent-

controlled multifamily assets continue to become

increasingly scarce, 4505 W 18th Street presents an exceptional

long-term hold and 1031 exchange opportunity in one of LA's

most sought-after investment corridors.