Description
Located in a highly desirable west los angeles submarket, 1320 s. carmelina ave offers a prime multifamily value-add investment opportunity just one block south of wilshire blvd and bordering brentwood, one of the area’s most sought-after rental markets. this 9-unit apartment building, constructed in 1963, spans 6,875 square feet on a 7,382 square foot [q]r3-1 zoned lot. the property features a diverse unit mix, including (6) one-bedroom, one-bath units, (1) three-bedroom, two-bath unit, (1) two-bedroom, two-bath unit, and (1) bachelor unit. with approximately 43% rental upside, this asset presents a compelling value-add investment with strong long-term growth potential.
this is one of a 4-property, 37-unit westside portfolio which may be delivered individually or collectively. the other addresses are: 1511 corinth avenue (8 units), 3310 s. keystone avenue (10 units), and 3636 s. keystone avenue (10 units).
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48503069
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 6,875
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1695
- Lot Size Source: Assessor
- Lot Size Square Feet: 7382
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Listing Information
Listing Price Information
- Original List Price: 2,800,000
- Listing Contract Date: 2025-02-03
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4267033009
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: WLA - West Los Angeles
- Postal Code Plus 4: 1967
- Directions: East of the 405, North of Santa Monica Blvd
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: WLA - West Los Angeles
- Property SubType: Mixed Use
Building and Construction
- Property Age: 62
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Front
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BuyOwner last updated this listing 04/19/2025 @ 06:17
- MLS: PW25024900
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 6,875 sqft, 7,382 sized lot, and 8 parking. are nearby neighborhoods.