90018 Homes with Apartment Subtype

90018 Homes with Apartment Subtype

Located in the heart of Los Angeles, California, the zip code 90018 offers a vibrant and diverse community for residents to call home. Situated within Los Angeles County, this area is a part of the bustling city of Los Angeles.

One of the notable features of the real estate market in 90018 is the abundance of homes with the apartment subtype. If you're looking for a property that provides both a comfortable living space and the potential for rental income, this area has plenty to offer. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, homes with the apartment subtype in 90018 are worth considering.

These homes typically feature separate living spaces, allowing for privacy and convenience. You can choose to live in one unit while renting out the others, providing a steady stream of income. Additionally, having multiple units in one property can be highly advantageous for multigenerational families or those looking to accommodate guests or extended family members.

In terms of amenities and attractions, 90018 is conveniently located near various shopping centers, restaurants, and entertainment options. The area also offers easy access to major highways and public transportation, making commuting a breeze.

If you're in search of a vibrant community with homes featuring the apartment subtype, 90018 in Los Angeles, California, is an excellent choice. With its prime location, diverse culture, and potential for rental income, this area presents a promising opportunity for both investors and homeowners alike.

Newest 90018 Homes with Apartment Subtype

$3,950,000
BB26177684 MLS Active Status
4220 W. Adams Blvd is an exceptional opportunity to acquire a fully stabilized 11-unit apartment community in the heart of rapidly transforming Mid-City. Comprised of one beautifully renovated Spanish-style building and a newly constructed five-unit apartment building, this turnkey asset offers investors immediate cash flow with approximately $344,160 in gross annual income and an attractive 6.55% cap rate. The property features an ideal mix of five spacious three-bedroom units and six one-bedroom units, all thoughtfully designed with modern finishes including sleek kitchens, designer bathrooms, in-unit washer/dryers, central HVAC or mini-splits, and many units with private balconies. All utilities are separately metered, helping keep operating expenses low while creating a truly low-maintenance investment. Ideally located just minutes from Culver City, West Adams, and the Metro Expo Line, the property benefits from strong rental demand driven by nearby tech and media employers including Amazon, Sony, Apple, and HBO. Residents enjoy convenient access to some of Los Angeles' most popular restaurants, cafés, and entertainment destinations, while the surrounding neighborhood continues to experience significant redevelopment and investment. This highly desirable location continues to attract young professionals seeking modern housing with convenient access to the Westside, Downtown Los Angeles, and the city's major employment hubs. With its prime location, turnkey condition, strong in-place financials, and excellent long-term growth potential, 4220 W. Adams Blvd presents an outstanding opportunity for investors seeking stable day-one cash flow and continued appreciation.

4220 W Adams, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.