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Closed
- Listed price
- $3,995,000
- Listed May 29, 2018
- Sold price
- $3,700,000
- Sold Aug 31, 2018
8,833 sqft lot|1950 Built|48 MLS days on market
618 MIDVALE Ave, Los Angeles, CA 90024
Property Description
BACK ON MARKET! BUYER DID NOT PERFORM. 618 Midvale is an 8-unit gem that has been family owned since it was built in 1950. Exceptionally well maintained, it will be delivered with 5 units vacant. 618 Midvale is a short 8-minute walk to UCLA yet it lies on a quiet tree-lined stretch with ample parking and a neighborhood feel. Truly a rare combination. With 5 units delivered vacant at the close of escrow, the new owner will be able to immediately renovate 62% of the units and achieve maximum rents which can rival those in Beverly Hills. The lot is oversized at 8,832 square feet and is zoned [Q]R4-1VL. The property's Certificate Of Occupancy states 7 legal units, however the building is currently operated as 8 units and has been operated as 8 or 9 units continuously for over 50 years. This is the result of (2) 2-bed/2-bath "flexible" units which have internal doors allowing those units to be operated as a 1-bed/1-bath and a bachelor unit without the need for any building modifications.
Listing agent: Robert RenshawDRE #01332831rob@taksainvestment.com, Listing office: REMAX COMMERCIAL & INVESTMENT
MLS data updated 11/1/2026, 8:14:27 PM PT
Source: CRMLSMLS #: 18348826
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,700,000
Aug 31, 2018
Available records22018
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90024 · Nov 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90024 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.