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28-Unit Apartment Community
New
For Sale
$5,800,000

3600 - 3610 Carmona Ave, Los Angeles, CA 90016

Two-story buildings feature renovated units, a pool courtyard, on-site laundry, and resident parking.

Property Size16,800 SF
Lot Size0.57 Acres
Price / SF$345.24
Days on Market3

Property Features for 3600 - 3610 Carmona Ave

General Information

Standard status Active
Size 16,800 SF
Lot size 0.57 Acres
Property subtype Multifamily
Zoning LARD2
Occupancy 57%

Units

Unit Mix 28 x 1BR/1BA
Multifamily Units 28

Additional Details

Cap Rate 6.09%
Road Access Yes

Amenities

pool courtyard
on-site laundry
on-site parking
Excellent Location less than a half mile from the Cumulus District
Tremendous Upside via Lease-up of Already Renovated Units
Culver City Access without the Culver City Premium

Building Details

Building Size 16,800 SF
Buildings 2
Stories 2
Units 28
Construction garden-style
Listing Agency:
Listed By: Maurius Jeffery Beaner-Jeffery · License #License(s): CA: 01738154
Source: Marcusmillichap
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 10:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maurius Jeffery Beaner-Jeffery

Investment Insights

Based on property information with market context.

This 28-unit multifamily property includes two two-story buildings totaling 16,800 gross square feet on a 0.57-acre LARD2 parcel. The unit mix consists entirely of one-bedroom, one-bath residences. Property features include a pool courtyard, on-site laundry, parking, and a garden-style open-air entry. Eleven units are vacant and fully renovated, providing immediately available inventory within the existing community.

The property is located at 3600–3610 Carmona Avenue in Los Angeles’ Mid-City submarket, just off La Cienega Boulevard and near the base of Baldwin Hills. Positioned along an L-shaped residential street, the complex has multiple points of ingress and egress and is surrounded primarily by single-family homes. The reported cap rate is 6.09%.

Key Highlights

  • 28‑unit apartment property with 16,800 gross square feet across two two‑story buildings
  • Unit mix consists of 28 one‑bedroom, one‑bath residences
  • 11 vacant units are fully renovated and available for leasing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Travel Agency Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story buildings feature renovated units, a pool courtyard, on-site laundry, and resident parking.
Where is this apartment building located?
The property is located at 3600 - 3610 Carmona Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 28‑unit apartment property with 16,800 gross square feet across two two‑story buildings; Unit mix consists of 28 one‑bedroom, one‑bath residences; 11 vacant units are fully renovated and available for leasing
More about this property
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