1320 S Carmelina AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90025
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25024900
Year Built 1963
Lot Size 7,383 Sqft
Property Sub-Type Mixed Use
Property 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).
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Zoning LAR3
Interior
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard