2618 Carleton Avenue
Los Angeles, CA 90065
$100,000.00 (-6.25%)
Active for $1,499,999
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 8,002 sqft
| MLS | CV25013549 |
| Year Built | 1924 |
| Property Type | Quadruplex |
| County | Los Angeles |
| Status | Active |
| Active | $1,499,999 |
| Structure Size | N/A sqft |
| Lot Size | 8,002 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Exceptional Investment Opportunity in Northeast Los Angeles!... Don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew….. This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value….. Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market.... Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor’s portfolio…… Contact us today to explore how you can make this exceptional investment property your own.
Listing information courtesy of: Luis Sanchez, LUIS SANCHEZ, BROKER . *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 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®
Albert Babayan
Broker Associate
Direct: 818.469.9388
Email: Email Me
DRE: 01012033
DRE #01873088
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