4523 W 18th Street, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath
4523 W 18th Street
Los Angeles, California 90019
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4523 W 18th Street Subject | $995,000* List Price | 2 | 1 | 1,293 | $638 | - |
A 1120 S Lucerne Boulevard Sold | $800,000 | 2 | 1 | 1,008 | $794 | 1.0 mi |
B 1425 S Redondo Boulevard Active Under Contract | $999,000 List Price | 2 | 1 | 1,242 | $804 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1933 and explicitly described as not suitable for occupancy, this property is being marketed as a redevelopment opportunity. The listing identifies the structure as a 'blank canvas' requiring total transformation or demolition, with the value primarily in the 7,000 sqft lot and RD1.5 zoning.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The RD1.5 zoning on a generous 7,000 square foot flat lot provides a rare and lucrative opportunity for multi-unit redevelopment in a high-demand Los Angeles submarket.
- Prime Centralized Location
Boasting an unbeatable location in Mid City, the property offers immediate proximity to the Metro Expo Line, the 10 Freeway, and major cultural hubs including Museum Row and Culver City.
- Versatile Investment Canvas
The property serves as a blank canvas for investors, offering the flexibility to either execute a high-end restoration of the 1933 Spanish bungalow or pursue a ground-up new construction project.
CONSRISKS & DEFICIENCIES
- Uninhabitable Condition
The existing structure is currently not suitable for occupancy, necessitating a total renovation or demolition, which likely restricts financing to cash or specialized construction loans.
- As-Is Sale Complexity
Sold strictly in as-is condition, the property requires the buyer to assume all risks and perform extensive due diligence regarding zoning, permits, and development feasibility.
About 4523 W 18th Street
Attention developers and investors! Don't miss this rare opportunity in prime Mid City zoned RD1.5 - ideal for possible redevelopment or restoration. Situated on a flat 7,000 square foot lot (per assessor), this is classic 1,293 square foot (per assessor) Spanish bungalow and detached garage was built in 1933 and offers 2 bedrooms, 1 bath, and is currently not suitable for occupancy.The parcel is located in a rapidly changing neighborhood and is adjacent to Lafayette Park, with an unbeatable location and in one of LA's most sought-after central neighborhoods. Just moments to the Metro Expo Line and easy 10 Freeway access. Surrounded by exceptional dining, shopping, entertainment, and cultural attractions - The Grove & Original Farmers Market, world-class Museum Row (LACMA, La Brea Tar Pits, Petersen Automotive Museum, Academy Museum), thriving Culver City, vibrant Koreatown, and Downtown LA. With its prime location, generous lot size, and flexible zoning, this property is a blank canvas ready for transformation. This is an AS-IS sale and buyers are advised to verify all zoning, permits, and development possibilities with the City of Los Angeles. Bring your vision and make this property 'Where Your Home Happens.'
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1933
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
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 | 2.0 | 3.0 | 20% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 1,293 | 1,767 | 18% |
| Lot Size | 7,000 | 6,102 | 72% |
| Price | $995.0K | $1.35M | 26% |
| Price per sq ft | $770 | $764 | 51% |
| Built year | 1933 | 1926 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 172 | 3% |
Pricing History
Listed for Sale
Feb 10, 2026
$995,000
Initial Listing