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1561 Carmelina Avenue
Los Angeles, CA 90025
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!
PROPERTY INFORMATION
| MLS # | 24370099 | Lot Size | 7,587 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 3,700,000
Price Per SqFt: $ 786 |
DOM | 411 Days |
| Address | 1561 Carmelina Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 4,710 Sq. Ft. |
| Postal Code | 90025 | Garage | 4 |
| County | Los Angeles | Year Built | 2023 |
| Bed / Bath | 10 / 0 | Parking | 6 |
| Built In | 2023 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Microwave, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Vinyl |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | Shutters |
| Bathroom Information | Vanity area, Low Flow Toilet(s), Tile Counters |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,947
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 03/18/2024 | Relisted | $3,700,000 |
| 03/18/2024 | Listed | $3,750,000 |
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Listing provided courtesy of John Katnik, BRC Advisors- BH. 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.
