Coastal apartments are a proven investment strategy, consistently offering strong appreciation, robust rental growth, and high-quality tenants. Situated less than half a mile from Newport Blvd, 741 W 18th Street exemplifies these benefits.
The property features a variety of units, including both one and two bedroom layouts. Units A and B boast private yard access, while Units C and D offer private deck entries. Additionally, there is tuck-under parking available at the rear of the building, and a large, shared driveway with 735 W 18th Street, providing ample extra parking spaces.
With investments in fixtures and aesthetics, there is significant upside potential in rents. This property represents an excellent opportunity for those starting their investment journey or looking to expand an existing portfolio.
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