$3,700,000
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1561 Carmelina Ave Los Angeles, CA 90025
Other
Residence
10
Beds
7
Baths
...
Bed/Bath
4,710
Sq. Ft.
Property Activity
Time on Site
days
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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 remain...ing 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!
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MLS#
24-370099
Property Type
Other
Bedrooms
10
Bathrooms
Year Built
2023
Square Feet
4,710
sq. ft
Price per Sq. Ft.
$785.56
Lot Size
0.17
Sewer
No Sewer
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