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1921 Carmona Avenue
Los Angeles, CA 90016
Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City that is 100% FULLY LEASED with an amazing 5.70% cap rate! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floor-plans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and beautiful windows with views. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.70% and very little expenses.
PROPERTY INFORMATION
| MLS # | 24435573 | Lot Size | 6,302 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 3,260,000
Price Per SqFt: $ 529 |
DOM | 296 Days |
| Address | 1921 Carmona Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 6,168 Sq. Ft. |
| Postal Code | 90016 | Garage | N/A |
| County | Los Angeles | Year Built | 2023 |
| Bed / Bath | 13 / 0 | Parking | 10 |
| Built In | 2023 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Microwave |
| Kitchen Information | Kitchen Island |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| SecuritySafety | Carbon Monoxide Detector(s), Automatic Gate |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,477
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/04/2024 | Listed | $3,260,000 |
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Listing provided courtesy of Daniel Lalezari, Keller Williams Hollywood Hills. 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.
