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2421 Carmona Avenue
Los Angeles, CA 90016
Sold
2421 Carmona Avenue
Los Angeles, CA 90016
Sold
2421 Carmona Ave is A FULLY STABILIZED new construction fourplex in prime Mid-City, walking distance to the Culver City Art District! These units rented out at lightening speed (before utilities were even installed!) and brought in over 10 competing applications. With leases signed at $5,200 (4 bed), $5,200 (4 bed), $4,500 (3 bed), and $4,500 (3 bed), that results in a whopping $19,400 a rent in month and a real cap rate of 5.54%! This is a dream opportunity for 1031 exchange buyers and investors to step into massive cash flow on DAY ONE. 2421 Carmona is a NON RENT-CONTROLLED fourplex made up of two large 4 bedroom (1x 4b/4b, 1x4b/3.5b) tri-level townhomes and two beautifully designed 3 bedroom/3.5 bathroom tri-level townhomes! These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, modern glossy cabinets, waterfall islands, a large rear yard, solar panels, high ceilings, huge walk in closets, balconies off the living space, large windows everywhere you look allowing for maximum light, natural wood water proof vinyl, and more! In addition to the high return, buyers will enjoy other perks including: opportunity zone, NO RENT CONTROL, 8 parking spaces (3 garage, 5 exterior), tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come. 2419 Carmona is located minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps, Amazon Studios, Ivy Statio, and the Cumulus District (Whole Foods).
PROPERTY INFORMATION
| MLS # | BB23120498 | Lot Size | 6,020 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 3,250,000
Price Per SqFt: $ 481 |
DOM | 723 Days |
| Address | 2421 Carmona Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 6,758 Sq. Ft. |
| Postal Code | 90016 | Garage | 3 |
| County | Los Angeles | Year Built | 2023 |
| Bed / Bath | 14 / 0 | Parking | 8 |
| Built In | 2023 | Status | Closed |
| Sold Date | 2023-08-03 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Dryer Included, Gas Dryer Hookup, Inside, Washer Hookup, Washer Included |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Gas Oven, Gas Range, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Kitchen, Living Room |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Vinyl |
| EntryLocation | front |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 78 (Very Walkable)
Transit Score: 64 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $3,467
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/03/2023 | Sold | $3,240,000 |
| 08/01/2023 | Pending | $3,250,000 |
| 07/06/2023 | Listed | $3,250,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Elizabeth Maddox, Myunits.com Inc.. 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.
