Sold

1352 S Carmelina Avenue

Los Angeles CA, 90025

$10,950,000


$337.23 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

February 16, 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

Listing Contact: 310-202-9166 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 3:54 AM UTC

 

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