2367 W 18th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90019
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,562 sqft
Price per Sqft $317
MLS Listing ID CRSR25166663
Year Built 1946
Lot Size 8,917 Sqft
Property Sub-Type Other
Property Description
Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7,562 square feet of rentable space on an 8,917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Laundry No Hookups
Exterior
Utilities Available Water/Sewer See Remarks
Building
Lot Description Corner Lot
New Construction No
Others
Virtual Tour https://www.youtube.com/watch?v=_tpyymSwIo8