Active
1921 Carmona Avenue
Los Angeles CA, 90016
$3,399,000
$546.29 per sqft
Active
13 Beds
16 Baths
6,222 sqft
Residential
Built in 2023
Listed by Daniel Lalezari with Keller Williams Hollywood Hills 310-623-1300
Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City that is 75% LEASED! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floorplans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and windows. Currently 75% Leased, two of the 3 bedroom units are currently rented at $4,799 and $4,700 and the four bedroom is leased at $4,900. The new buyer has the choice to use application and have building fully stabilized, choose their own applicants or occupy the last unit. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.55% and very little expenses.
24370389
MLSⓇ ID
March 22, 2024
Listed
April 13, 2024
Updated
Map
1921 Carmona Avenue
Los Angeles CA, 90016
Interior Features
Total Stories
3
Bedrooms
13 Beds
Bathrooms
16 Baths
Appliances
Dishwasher, Disposal, Microwave, Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Modern
Other Property Details
Area Name
C16 - Mid Los Angeles
Days on Market
21
Garage
No
Parking
Covered, Carport
Parking Total
10
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Buyer Agency Compensation
2%
Listing Contact: 310-623-1300
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/13/2024. 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 4/13/2024 at 1:08 AM UTC