1921 Carmona Ave Los Angeles, CA 90016
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Brand new, 100% occupied, high ROI.
Property size:
6,222 SFProperty Features for 1921 Carmona Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 6,222 SF
- Class
- A
Building Details
- Year Built
- 2023
- Buildings
- 2
- Stories
- 3
- Units
- 4
Listing Agency: Keller Williams Realty Hollywood Hills Listing Agent: Daniel Lalezari
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 2023-built fourplex in Los Angeles' desirable Mid-City boasts 6,222 square feet across four units, each offering designer finishes and open floor plans. The property features eight parking spaces, in-unit Samsung washer/dryers, stainless steel appliances, central A/C and heating, and balconies with city views. A motorized gate enhances security. Individual utility meters maximize cash flow, contributing to a strong 5.65% cap rate and a Net Operating Income (NOI) of $184,300. Located at 1921 Carmona Ave, Los Angeles, CA 90016, this non-rent-controlled building is situated in an opportunity zone, offering potential tax advantages (buyer to verify). The prime location provides easy access to Culver City, Miracle Mile, Beverly Hills, and Downtown Los Angeles, with numerous trendy restaurants, shops, and entertainment options nearby. The property's modern design, high occupancy rate, and strong financial performance make it an attractive investment opportunity. The building consists of two structures, each three stories high, and is zoned LARD1.5. The asking price is $3,260,000, representing $815,000 per unit and $523.95 per square foot. An additional area in front of the building offers potential for extra parking or outdoor space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3617224
- Latitude
- 34.039498
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FAQs
What type of property is this?
Multifamily property - Brand new, 100% occupied, high ROI.
Where is this multifamily property located?
The property is located at 1921 Carmona Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,260,000.
What are key features of this property?
This property features: Prime Mid-City location near Culver City, shopping, and trendy restaurants.; Excellent access to Miracle Mile, Beverly Hills, Downtown LA, and Culver City's Arts District, Ivy Station, and Helms Bakery District.; Brand-new construction with designer finishes and open floor plans.
