$ 4,650,000
-
$4,650,000
Price -
16
Bed -
16
Bath -
9,381
SqFt
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About the Listing X82128 - X81016,C128817
We are pleased to present 1315 S Carmelina Avenue, an opportunity to acquire a well-positioned eight-unit multifamily property in the highly sought-after West Los Angeles submarket. Constructed in 1989, the property offers a blend of stable in-place income and long-term growth potential, with a current 12.93 GRM and 4.73% cap rate. Each of the eight residences features a spacious two-bedroom floor plan, with four units including lofts and private rooftop decks that enhance livability and tenant appeal. The building is thoughtfully designed with individual washer/dryer hookups, central air conditioning and heating, fireplaces, and oversized private balconies. In addition to secured entry and gated parking, residents also benefit from two parking spaces per unit. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%).
Listing Highlights for 1315 S Carmelina Ave
Status
Active
Days on Site
1
Property Type
Multi-Family
MLS ®
25589541
Year Built
1989
Total Square Footage
9,381
Lot/Acreage
0.17
County
Los Angeles
Area
West L.A.
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances: Range/Oven, Stackable W/D Hookup
- Air Cond: Central,Air Conditioning
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4267-034-010
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1315 S Carmelina Ave Los Angeles, CA 90025
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