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1921 Carmona Ave Los Angeles, CA 90016

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New construction fourplex in Mid-City, Los Angeles, fully leased.

Type:Multifamily
Property size:
6,222 SF
Added:
Sep 5, 2024
Days on Market:
593
Last Refresh:
Mar 17 at 1:13 pm

Property Features for 1921 Carmona Ave

General Information

Standard status
Active
Size
6,222 SF
Property subtype
Multifamily

Building Details

Year Built
2023

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Listing Contact
DANIEL LALEZARI

Listing agent DANIEL LALEZARI License #CA

Listing office KW Hollywood Hills

Listing date Sep 5, 2024

Source Crexi

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 KW Hollywood Hills


Overview

New Fourplex in Mid-City

This is a new construction fourplex located in the Mid-City area of Los Angeles. The property is fully leased and offers a cap rate of 5.47%. The building is not subject to rent control and is situated in an opportunity zone. The fourplex features designer finishes and open floorplans with center islands and waterfall edges in the kitchens. The units have natural light and windows. Each unit includes central air conditioning and heating, as well as a Samsung washer and dryer. Stainless steel kitchen appliances are also included. The property has separate meters for all utilities. There are 8 parking spaces available, and a motorized gate. The front area offers additional space for parking or a patio area. Balconies overlook city views. The property is located close to Miracle Mile, Beverly Hills, and Downtown, and is also near Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, and the Helms Bakery District. The surrounding neighborhood includes shopping centers, restaurants, and bars, such as Father's Office, Pasta Sisters, and Blue Bottle Coffee. The Cumulus District and Whole Foods are also nearby. The property size is 6222 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.36157
Latitude
34.03947

FAQs

What type of property is this?
Quadplex - New construction fourplex in Mid-City, Los Angeles, fully leased.
Where is this quadplex located?
The property is located at 1921 Carmona Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,399,999.
What are key features of this property?
This property features: Fully leased fourplex with a **5.47% cap rate**, providing immediate income.; Located in a rapidly gentrifying, non‑rent‑controlled area of Mid‑City Los Angeles, close to major attractions and amenities.; New construction (2023) with **designer finishes, open floorplans, and abundant natural light**.
More about this property
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