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1338 Carmelina Avenue

Los Angeles, CA 90025

$2,400,000 Sale Price
Est. Payment: $ 0/mo
11
Bed
0
Bath
6,027 Sq. Ft.
$415 / Sq. Ft.
Sold

1338 Carmelina Avenue

Los Angeles, CA 90025

Sold
$2,400,000 Sale Price
$0/mo
11
Bed
0
Bath
6,027
Sq. Ft.
Rare opportunity to purchase a trophy multi-family asset in a prime West Los Angeles location. This building has an excellent unit mix of (4) 1 BR + 1 Bath, (3) 2 BR + 1 Bath and (1) studio unit. The property was constructed in 1958 is approximately 6,027 SqFt of building on a 7,381 SqFt lot. There is substantial rental upside, creating a quintessential "value-add" investment opportunity. The seismic work for the parking structure has been completed. This trophy asset in an undeniable attractive location that will surely pay long term dividends to a savvy investor. The property directly next door at 1352 S. Carmelina Ave. (26 units) is also for sale, and the subject property can be purchased individually or part of a five-property portfolio that also includes, 12415 Texas Ave. (10 units), 12425 Texas Ave., (19 units) & 11600 Rochester Ave. (13 units).
PROPERTY INFORMATION
MLS # 22223746 Lot Size 7,381 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,500,000
Price Per SqFt: $ 415
DOM 877 Days
Address 1338 Carmelina Avenue Type Residential Income
City Los Angeles Sq.Ft. 6,027 Sq. Ft.
Postal Code 90025 Garage N/A
County Los Angeles Year Built 1958
Bed / Bath 11 / 0 Parking N/A
Built In 1958 Status Closed
Sold Date 2023-05-02
INTERIOR FEATURES
Has Heating No
Heating Information None
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,667
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/02/2023 Sold $2,400,000
01/26/2023 Pending $2,500,000
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Listing provided courtesy of Errol Spiro, Miller & Desatnik Realty Co.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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