1425 W 18th St. 4, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
1425 W 18th St. 4
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 1425 W 18th St. 4, Los Angeles, California 90006 is currently available with a list price of $1,380,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1914, the property underwent an extensive renovation in 2022 with permits, bringing all units to a virtually new condition. This includes updated kitchens with quartz countertops and modern cabinetry, refreshed bathrooms with new vanities and tubs, durable laminate flooring, new paint, updated fixtures, ductless mini-split HVAC systems, and stackable washer/dryer units. Electrical meters were also upgraded in 2024. These comprehensive and recent updates mean all critical components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Renovations
All four units were extensively remodeled in 2022 with permits, featuring updated kitchens with quartz countertops, modern cabinetry, refreshed bathrooms, durable laminate flooring, newer paint, updated fixtures, and hardware, minimizing immediate capital expenditure for a new owner.
- Strong In-Place Income & Positive Cash Flow
The property is currently fully leased with strong in-place income, offering immediate positive cash flow that covers debt service even in today’s elevated interest rate environment, making it an attractive turnkey investment.
- Prime & Strategic Location
Situated in the heart of Los Angeles, the property boasts close proximity to major demand drivers such as USC, Downtown LA, Koreatown, Convention Center, LA Live, and Crypto Arena, ensuring high rental demand and potential for appreciation.
CONSRISKS & DEFICIENCIES
- Age of Building
Built in 1914, the property is over a century old. While units have been remodeled, the underlying infrastructure may still present potential for unforeseen maintenance or repair costs related to older systems not explicitly mentioned as fully replaced.
- Limited Unit Mix Diversity
The property consists exclusively of four 1-bedroom, 1-bath residences. This uniform unit mix may limit the potential tenant pool to individuals or couples, potentially missing out on families or those seeking larger living spaces, which could impact future rental growth or market adaptability.
- Small Lot Size
With a 3,980 square foot lot for a 4-unit building, there is limited outdoor space or potential for future expansion. This could be a drawback for tenants seeking more amenities or for an investor looking for value-add opportunities through additional development.
About 1425 W 18th St. 4
Excellent 4-unit investment opportunity in the heart of Los Angeles. This well-maintained multifamily property features a desirable unit mix of four 1 bedroom, 1 bath residences totaling approximately 3,192 rentable square feet on a 3,980 square foot lot. The property has been extensively improved, with all units remodeled in 2022 with permits. Upgrades include updated kitchens with quartz countertops and modern cabinetry, refreshed bathrooms with new vanities and tubs, durable laminate flooring, newer interior paint, updated fixtures and hardware, ceiling fans, ductless mini-split HVAC systems, and stackable washer and dryer units. Electrical meters were professionally upgraded in 2024, enhancing long-term reliability and insurability. Tenants enjoy a large on-site parking area, and the property is separately metered for gas and electricity, helping reduce owner operating expenses. The property is currently fully leased with strong in-place income, which offers immediate positive cash flow from day one, covering debt service even in today’s elevated interest rate environment. Building is situated in a prime location, close proximity to USC and Downtown Los Angeles (DTLA), Korea town, Convention Center, LA Live, Crypto Arena, etc. Easy access to public transportation, metro lines, shopping center and major freeways such as Fwy 10 and Fwy 110, presenting significant advantages for investors looking to tap into the thriving local rental market. An ideal turnkey investment or 1031 exchange, this asset offers stable in-place income, reduced operational risk, and strong upside potential in one of Los Angeles’ most dynamic rental markets.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1914
- Lot Size
- 3,980 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Magnolia Avenue Elementary School
Grades K-6 • 0.3 mi
Norwood Street Elementary School
Grades K-5 • 0.6 mi
Leo Politi Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,192 | 2,616.5 | 50% |
| Lot Size | 3,980 | 5,502.5 | 33% |
| Price | $1.38M | $857.5K | 67% |
| Price per sq ft | $432 | $431 | 50% |
| Built year | 1914 | 1915 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 183 | 17% |
Pricing History
Listed for Sale
Jan 20, 2026
$1,380,000
Initial Listing
Sold
Dec 16, 2022
$1,075,000
Public Record