1561 S Carmelina Avenue
Los Angeles, CA 90025
$50,000.00 (-1.33%)
Active for $3,700,000
Beds: 10 Baths: 7 Structure Size: 4,710 sqft Lot Size: 7,587 sqft
| MLS | 24370099 |
| Year Built | 2023 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $3,700,000 |
| Structure Size | 4,710 sqft |
| Lot Size | 7,587 sqft |
| Beds | 10 |
| Baths | 7 |
Description
ONE 4 BEDROOM UNIT TO BE DELIVERED VACANT! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!
Listing information courtesy of: John Katnik, BRC Advisors- BH 310-956-2291. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Bob Montanez
REALTOR®
Direct: 818.427.1211
Email: Email Me
DRE: 01002764
DRE #01873088
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