Sold
1352 S Carmelina Avenue
Los Angeles CA, 90025
$10,350,000
$318.76 per sqft
Sold
46 Beds
46 Baths
32,470 sqft
Residential
Built in 1972
Listed by Errol Spiro with Miller & Desatnik Realty Co. 310-202-9166
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).
22223625
MLSⓇ ID
December 6, 2022
Listed
March 23, 2024
Updated
Map
1352 S Carmelina Avenue
Los Angeles CA, 90025
Interior Features
Total Stories
2
Bedrooms
46 Beds
Bathrooms
46 Baths
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.5 Acres
Other Property Details
Area Name
WLA - West Los Angeles
Days on Market
62
Garage
No
Parking
None
Parking Total
26
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
5/18/2023 | Sold | $10,350,000 |
Listing Contact: 310-202-9166
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:20 AM UTC