1123 W 18th, Los Angeles, California 90015, Los Angeles, 90015 - bed, bath
1123 W 18th
Los Angeles, California 90015
Property Price
SUMMARY
Analysis of 1123 W 18th, Los Angeles, California 90015 is currently available with a list price of $703,600. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1905, placing it well over 50 years old. The exterior images show signs of age and potential deferred maintenance, with peeling paint and an overall dated appearance. While the listing mentions it's a 4-unit property with income potential, there are no interior images provided to assess the condition of the kitchens, bathrooms, flooring, or systems. The significant price reduction history also suggests underlying issues. Given the age and lack of visual evidence of updates, it's highly probable that substantial repairs and rehabilitation are needed, especially in the kitchen and bathroom areas, to meet modern standards. Therefore, it falls into the 'Poor' category, requiring significant updates and rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Los Angeles, offering excellent proximity to Downtown LA, USC, and major freeways, enhancing rental appeal and potential for appreciation.
- Income Potential
A 4-unit property ideal for investors seeking passive income or owner-occupants looking to offset mortgage costs with rental revenue.
- Generous Lot Size
Set on a substantial lot (8879 sqft) with a private, extended driveway, providing ample off-street parking, a significant advantage in this urban area.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1905, the property may require significant updates and maintenance to meet modern standards and buyer expectations.
- Significant Price Reduction History
The listing price has been reduced multiple times from an initial $945,000 to $712,400, suggesting potential market resistance or a need for substantial renovation.
- Limited Property Details
The provided description lacks specific details about the condition of individual units, amenities, or recent upgrades, making a full assessment challenging.
About 1123 W 18th
Prime Real Estate opportunity in the Heart of Los Angeles! This 4 Unit Property is ideally situated near Downtown Los Angeles, USC, with easy access to shops, dining, and major freeways. Set on a generous sized lot, this Property features a Private, Extended Driveway providing ample off street Parking.Each Unit offers comfortable Living Spaces, making this Home perfect for Investors seeking Passive Income or Owner Occupants looking to live on site while generating Rental Revenue. With strong growth Potential and a Central Location, this is a rare opportunity in one of Los Angeles' most Desirable Neighborhoods!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1905
- Lot Size
- 8,879 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1905 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Mar 4, 2026
$703,600
$712,400
-1% Price Drop
Initial Listing
Price Change
Feb 10, 2026
$712,400
$759,000
-6% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$759,000
$849,400
-11% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$849,400
$920,000
-8% Price Drop
Initial Listing
Price Change
Dec 17, 2025
$920,000
$945,000
-3% Price Drop
Initial Listing
Price Change
Nov 26, 2025
$945,000
Initial Listing
Sold
Feb 27, 2002
$190,500
Public Record