Elizabeth Maddox, Ian Maddox And Zoey Granott Complete Multifamily Sale In Los Angeles

4559 West 18th Street is a 75% leased luxury fourplex in prime Mid-City, Los Angeles, which was recently sold for $2,875,000. This multifamily property spans 5,860 square feet with a price per square foot of $491. The asset features premium luxury finishes, separate meters, and a 1-year builder's warranty, offering a 5.54% cap rate with no rent control.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,875,000
• Units: 4
• Price per Unit: $718,750
• Square Feet: 5,860
• Price per Square Foot: $491
• Address: 4559 West 18th Street
• Market: Los Angeles

Zoey Granott from Urbanlime Real Estate represented the buyer in this transaction, while Elizabeth Maddox & Ian Maddox from The 2-4 Unit Specialists represented the seller. The property, situated near Downtown Culver City and various trendy hotspots, offers a high-quality, fully leased opportunity in a rapidly evolving market.