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2405 W 18th Street Los Angeles, CA 90019
$4,100,000 29 beds, 19 baths
17, 241 sqft
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2405 W. 18th Street is a compelling multifamily investment opportunity characterized by large units, an excellent unit mix, and strong in-place cash flow. The property is located in a high-demand Los Angeles rental pocket benefiting from consistent tenant demand and limited competing supply. The property features a desirable unit mix of ten (10) two-bedroom units and nine (9) one-bedroom units, offering larger-than-average floor plans that appeal to long-term renters. The balanced mix and generous unit sizes provide durability across market cycles and position the asset favorably for sustained occupancy and rent growth. From an investment standpoint, the property is offered at an exceptionally low price per square foot of approximately $238 with strong in-place cash flow metrics, including a 10.25 GRM and a 5.92% capitalization rate. Additionally, the property offers approximately 29% upside in rents and potential to add accessory dwelling units (ADUs) pursuant to Senate Bill 1211, subject to buyer verification. The attractive going-in yield supports favorable purchase financing and provides investors with immediate income alongside meaningful long-term upside.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25630389
List price is $4,100,000
Beds: 29
Baths: 19
None fireplaces
Built in 1963
17,241 sqft
0.29 acres
Lot size: 0.2895
County: Los Angeles
Property style: Mid-Century Modern
Zoning: LAR3
Construction: Stucco
Appliances: Refrigerator,Dryer,Washer
Parking description: Assigned,Covered,Carport,Private
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C16 - Mid Los Angeles

Last Updated: 2/11/2026

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.041920, -118.311998.
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Listing Agent: William James
Co Listing Agent: Peter James
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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