1425 W 18th St #4, Los Angeles, CA, 90006
About This Home
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.
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1914
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Gas Cooktop,Gas Oven,Gas Range,Microwave,Refrigerator
- Laundry features: Inside,Stacked
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
Features
- Ceiling Fan(s)
- Flooring: Laminate
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Heating
- Heating features: Electric
Interior Area
- Total structure area: 3,192
- Total interior livable area: 3,192 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 5056010019
- Attached to another structure: Yes
- Zoning: LARD1.5
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
Lot
- Lot size: 3,980 sqft
- Features: 2-5 Units/Acre
Parking
- Total spaces: 4
- Parking features: Driveway,On Site,Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,568 | $78,816 |
| Home Insurance * | $295 | $3,540 |
| Property Taxes | $725 | $8,700 |
| Electricity | $684 | $8,213 |
| Total | $8,272 | $99,264 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Price change | $1,350,000 |
| 2026-01-20 | Listed for sale | $1,380,000 |
View on Zillow