2367 W 18th St Los Angeles, CA 90019
Harvard Heights NeighborhoodEstimated payment $15,037/month
Total Views
943,370
10
Beds
9
Baths
7,562
Sq Ft
$317
Price per Sq Ft
About This Home
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.
Listing Agent
Best Realty & Investment, Inc. Brokerage Phone: 818-439-5449 License #01816803 Listed on: 08/04/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 8,917 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 5 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,562 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Bathrooms
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 13392
- Assessor Parcel Number 5073012026
- $1,351 per year additional tax assessments
Community Details
Overview
- 9 Units
Building Details
- Rent Control
- 9 Separate Electric Meters
- 1 Separate Gas Meter
- Gardener Expense $90
- Insurance Expense $6,000
- Other Expense $750
- Pest Control $110
- Professional Management Expense $510
- Trash Expense $7,824
- Water Sewer Expense $12,000
- Operating Expense $43,344
- Gross Income $140,544
- Net Operating Income $97,200
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2025 08/24/25 | Price Changed | $2,400,000 | -4.0% | $317 / Sq Ft |
| 08/04/2025 08/04/25 | For Sale | $2,500,000 | -- | $331 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
About the Listing Agent
With over 20 years of experience in real estate, I have proudly served clients across Los Angeles and Orange County, helping them navigate one of the most dynamic housing markets in the country. My deep understanding of the local market, combined with my commitment to personalized service, has earned me a reputation for delivering exceptional results.
Whether you’re buying your first home, selling a luxury property, or expanding your investment portfolio, my extensive knowledge of
Steve's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25166663
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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