244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 244 S Avenue 18 Location:
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244 S Avenue 18

Los Angeles, CA 90031
24 bed
18 bath
11,958 sqft
$3,895,000
Listed 4 months ago

Highlights

Electric Vehicle Charging Nearby

245 electric car charging points within a 5-minute driving distance.

Grocery Delivery

Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.

Number of bedrooms in comparison to the block

24 bedroom homes are rare in this neighborhood.

About

We are pleased to present the opportunity to acquire 244 S Avenue 18, a newer constructed SIX TOWNHOME apartment complex located in the heart of Lincoln Heights. This property was built in 2016 and offers 11,958 sq ft of rentable space situated on a 10,000 sq ft parcel. This 6 unit building offers a desirable mix of: six - large 4 bed | 3 bath units, plans ... Read more
Year Built
:
2016
MLS #
:
20652078
Lot Size
:
10,002 sq ft.
Property Type
:
Residential Income
Status
:
Active
Style
:
, Residential Income
County
:
Los Angeles
Virtual Tour
:
Time On ZeroDown
:
4 months
Floor Size
:
11,958 sq ft.
Listed by: Shawn S. Kormondy
Brokerage: Keller Williams Beverly Hills
MLS#: 20652078
Source: CRMLS
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Property Details

Interior Features
Heating & Cooling
Cooling:
Central Air
Heating:
Central
Unit Type 2 Information
# of Beds:
4
Projected Rent:
$3,750.0
# of Units:
5
# of Baths:
3
Furnished:
Unfurnished
Multi-Unit Information
Water Sewer Expense:
$2,160.0
Gross Income:
$290,400.0
Total Expense:
$86,942.0
# of Buidings:
1
Professional Management Expense:
$14,084.0
Trash Expense:
$1,200.0
Net Operating Expense:
$2,000.0
Maintenance Expense:
$14,300.0
Insurance Expense:
$1,800.0
New Taxes Expense:
$49,238.0
Net Operating Income:
$198,488.0
Gross Rent Multiplier:
13.42
Unit Type 1 Information
# of Beds:
4
# of Baths:
3
Furnished:
Unfurnished
Total Rent:
$3,750.0
Projected Rent:
$3,750.0
# of Units:
1
Actual Rent:
$3,750.0
Details provided by CRMLS and may not match the public record.

More homes nearby this home

Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
244 S Avenue 18 is a 11958 sq ft house with 24 beds and 18 baths.
What’s the current price of this home?
244 S Avenue 18 is currently priced at 3,895,000.
How many photos are available for this home?
ZeroDown has 19 photos of 244 S Avenue 18.
Is 244 S Avenue 18 in a quiet neighborhood?
Ambient noise level around this home is 40 - 50 dBA, classified as Moderate - Safe listening for any time period. Sounds like a refrigerator humming.
What are the food delivery options for 244 S Avenue 18?
Food delivery available from 3742+ restaurants and over 85 different cuisines to discover, powered by Doordash. Good quality food mostly delivered within 30 minutes.
How quickly do homes sell in this neighborhood?
Average days on market for homes in this area was 52 days this month, 46 days last month and 47 days last year.
What are the nearest hospitals/urgent care centers for 244 S Avenue 18?
4 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 244 S Avenue 18?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Citizens of the World Charter School Hollywood (#109 in state) among 4 A+/A rated public elementary schools in the district. Ratings and rankings are from Niche. 4 A+/A rated public middle schools in the district. Ratings are from Niche 4 A+/A rated public high schools in the district. Ratings are from Niche
How does it feel to live in 90031 zip code?
73.3% of the households in this zip code(90031) are renter-occupied.
When was this home built?
244 S Avenue 18 was built in 2016.
How long has this home been listed on ZeroDown?
244 S Avenue 18 has been on ZeroDown for 4 months.
How is the air quality around 244 S Avenue 18?
Air quality around the home was good for about 352 days. The decrease in air quality was caused by the smoke from wildfires.
Are there electric charging stations around 244 S Avenue 18?
245 electric car charging points within a 5-minute driving distance.
What are the internet/broadband options for 244 S Avenue 18?
Get into the gaming mode with 940.0+ Mbps download speeds available on this block powered by Charter Communications, Inc..
What are the public transportation options for 244 S Avenue 18?
The nearest airport is Bob Hope Airport, which is 11.9 miles away.
What are the grocery and delivery options for 244 S Avenue 18?
3 grocery stores at a driving distance of 10 mins. Grocery delivery available from 39 stores including Sam's Club, Gelson's, Super King, Smart & Final and Costco. Powered by Instacart.
What are child care options around 244 S Avenue 18?
This home is great if you have young kids. There are at least 5 child care centers within 1.2 miles of this home. Child care centers include pre-schools, day-cares and nursery schools.,Nearest preschool is 1.2 miles away, there are about 2 preschools within a 5-15 mile radius.,There are at least 2 day-cares within 10 miles of this home, the closest one is approx. 3 mins by drive.

Listing Courtesy of: CRMLS_CA and Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc
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.