1123 W 18th, Los Angeles, California 90015, Los Angeles, 90015 - bed, bath
ACTIVE$945,000
1123 W 18th, Los Angeles, California 90015
0Bed
0Bath
8,879Sqft
8,879Lot
Year Built
1905
Close
-
List price
$945K
Original List price
$975K
Price/Sqft
$106
HOA
-
Days on market
-
Sold On
-
MLS number
SB25244705
Home ConditionPoor
Features
ViewNeighborhood
About this home
We found 3 Cons,5 Pros.
Prime Real Estate opportunity in the Heart of Los Angeles! This 4 Unit Property is ideally situated near Downtown Los Angeles, USC, with easy access to shops, dining, and major freeways. Set on a generous sized lot, this Property features a Private, Extended Driveway providing ample off street Parking.Each Unit offers comfortable Living Spaces, making this Home perfect for Investors seeking Passive Income or Owner Occupants looking to live on site while generating Rental Revenue. With strong growth Potential and a Central Location, this is a rare opportunity in one of Los Angeles' most Desirable Neighborhoods!
Price History
Date
Event
Price
11/11/25
Price Change
$945,000-3.1%
10/21/25
Listing
$975,200
02/27/02
Sold
$190,500
Condition Rating
Poor
Built in 1905, this property is extremely old. The complete absence of interior photos, especially for a 4-unit income property, strongly suggests that the kitchens, bathrooms, and overall interior conditions are severely outdated and likely in need of substantial repairs and rehabilitation. The property analysis explicitly notes 'potential for significant deferred maintenance, outdated systems (plumbing, electrical, HVAC), and higher renovation costs to modernize,' and that 'interiors may be dated and require substantial investment.' The exterior also appears to be in an aged state, requiring significant upkeep. While described as having 'comfortable living spaces,' this is vague and likely means functional but far from modern or well-maintained, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location: Strategically located in the heart of Los Angeles, offering excellent proximity to Downtown LA, USC, major freeways, shops, and dining, ensuring high demand for rentals and strong appreciation potential.
Income-Generating Asset: A 4-unit quadruplex property (Residential Income) provides significant passive income potential for investors or an attractive owner-occupant opportunity to offset living costs.
Ample Off-Street Parking: Features a private, extended driveway offering ample off-street parking, a highly valuable and sought-after amenity in a dense urban environment like Los Angeles.
Generous Lot Size: Set on a substantial 8,879 sqft lot, which is a considerable size for a multi-unit property in Los Angeles, potentially offering future development or expansion opportunities (subject to zoning).
Strong Growth Potential: Positioned in a desirable neighborhood with strong growth potential, making it a compelling long-term investment in the Los Angeles real estate market.
Cons
Age of Property: Built in 1905, the property is very old, suggesting potential for significant deferred maintenance, outdated systems (plumbing, electrical, HVAC), and higher renovation costs to modernize.
Recent Price Reduction: A recent price drop from $975,200 to $945,000 could indicate initial overpricing or a lack of strong buyer interest, potentially signaling market resistance or perceived value issues.
Unspecified Interior Condition: While units offer 'comfortable living spaces,' the description lacks details on recent renovations or modern finishes, implying interiors may be dated and require substantial investment to meet current market expectations.