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Remodeled 4-Unit Multifamily Property
For Sale
$1,299,000

1425 W 18th St Unit 4, Los Angeles, CA 90006

Four separately metered 1-bedroom units were remodeled in 2022 and include ductless mini-split HVAC and in-unit laundry.

Property Size3,192 SF
Lot Size0.09 Acres
Price / SF$406.95
Days on Market64

Property Features for 1425 W 18th St Unit 4

General Information

Standard status Active
Size 3,192 SF
Lot size 0.09 Acres
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Building Size 3,192 SF
Year Built 1914
Year Renovated 2022
Listing Agency: Universal Elite Inc.
Listed By: Annie Xiao Zhang · License #02021748
Source: Rochellemaize
Added: Jun 29 Changed: Aug 16 Last Checked: Aug 30 at 11:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Universal Elite Inc.

Investment Insights

Based on property information with market context.

This well-maintained four-unit multifamily property consists of four 1-bedroom, 1-bath residences totaling approximately 3,192 rentable square feet. The units were remodeled in 2022 with permits and include updated kitchens with quartz countertops and modern cabinetry, refreshed bathrooms with new vanities and tubs, durable laminate flooring, newer interior paint, and updated fixtures and hardware. Additional improvements include ceiling fans, ductless mini-split HVAC systems, and stackable washer and dryer units. Electrical meters were professionally upgraded in 2024.

The property offers a large on-site parking area and is separately metered for gas and electricity. The building is located near USC and Downtown Los Angeles, as well as Korea town, the Convention Center, LA Live, and the Crypto Arena, with easy access to public transportation, shopping, and major freeways including Fwy 10 and Fwy 110.

All units are currently leased, providing in-place income. The building is situated on a 3,980 square foot lot.

Key Highlights

  • 4‑unit multifamily built in 1914 featuring four 1‑bedroom, 1‑bath residences totaling approx. 3,192 rentable SF
  • All units remodeled in 2022 with permits; updated kitchens with quartz countertops and modern cabinetry
  • Each unit includes ductless mini‑split HVAC and stackable washer/dryer for in‑unit laundry

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,797
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered 1-bedroom units were remodeled in 2022 and include ductless mini-split HVAC and in-unit laundry.
Where is this quadplex located?
The property is located at 1425 W 18th St Unit 4 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 4‑unit multifamily built in 1914 featuring four 1‑bedroom, 1‑bath residences totaling approx. 3,192 rentable SF; All units remodeled in 2022 with permits; updated kitchens with quartz countertops and modern cabinetry; Each unit includes ductless mini‑split HVAC and stackable washer/dryer for in‑unit laundry
More about this property
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