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1352 Carmelina Avenue
Los Angeles, CA 90025
Sold
1352 Carmelina Avenue
Los Angeles, CA 90025
Sold
Rare opportunity to purchase a multi-family asset which would enable a savvy investor to acquire a large-scale multi-family rental footprint in West Los Angeles. 1352 Carmelina Ave. is a large 26 unit multi-family property located in a prime West LA location. Trust sale which does not require court confirmation. Sellers must sale before April. This trophy asset has an excellent unit mix of (15) 2 BR + 2 Bath, (6) 1 BR + 1 Bath, (4) 3 BR + 2 3/4 Baths & (1) 2 BR + 1 3/4 Bath unit. The property was constructed in 1972 and is approximately 32,470 SqFt of building on a 21,794 SqFt lot. There is substantial rental upside, creating a quintessential "value-add" investment opportunity. The property does not require any seismic retrofitting work for its parking structure. This trophy asset in an undeniable attractive location that will surely pay long term dividends. The property directly next door at 1338 S. Carmelina Ave. (8 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 # | 22223625 | Lot Size | 21,794 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 10,950,000
Price Per SqFt: $ 337 |
DOM | 922 Days |
| Address | 1352 Carmelina Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 32,470 Sq. Ft. |
| Postal Code | 90025 | Garage | N/A |
| County | Los Angeles | Year Built | 1972 |
| Bed / Bath | 46 / 0 | Parking | 26 |
| Built In | 1972 | Status | Closed |
| Sold Date | 2023-03-23 |
INTERIOR FEATURES
| Has Heating | No |
| Heating Information | None |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $11,680
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/23/2023 | Sold | $10,350,000 |
| 02/06/2023 | Pending | $10,950,000 |
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(844)-333-8033
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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.
