1561 Carmelina Avenue
Los Angeles, CA, 90025
$3,700,000
Beds
0 Baths
SqFt
0.17 Acres
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ONE 4 BEDROOM UNIT TO BE DELIVERED VACANT! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!

Property Details

Price:
$3,700,000
MLS #:
24370099
Status:
Active
Baths:
0
Address:
1561 Carmelina Avenue
Type:
Residential Income
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
Mar 18, 2024
State:
CA
ZIP:
90025
Lot Size:
7,587 sqft / 0.17 acres (approx)
Year Built:
2023
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Interior

Appliances
Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Flooring
Vinyl
Heating
Central
Window Features
Shutters

Exterior

Garage Spaces
4.00
Lot Features
Back Yard
Parking Features
Garage, Uncovered
Parking Spots
6.00
Pool Features
None
Spa Features
None
Stories Total
2
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None

Financial

Tenant Pays
Gas, Water, Trash Collection, Electricity

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1561 Carmelina Avenue
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