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.

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

Data last updated on 4/13/2024 at 1:08 AM UTC

 

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