Listed by Errol Spiro with Miller & Desatnik Realty Co.

1352 S Carmelina Avenue

Los Angeles, CA, 90025

$10,950,000

$337 per ft²
$10,950,000
$337 per ft²
Pending
Pending
 - For Sale
beds
46 Beds
baths
46 Baths
carpenters-square
32,470 ft²
property_type
Multi-family
calendar
Built 1972
Rare opportunity to purchase a multi-family asset which would enable a savvy investor to acquire a large-scale multi-family rental footprint in West Los Angeles. 1352 Carmelina Ave. is a large 26 unit multi-family property located in a prime West LA location. Trust sale which does not require court confirmation. Sellers must sale before April. This trophy asset has an excellent unit mix of (15) 2 BR + 2 Bath, (6) 1 BR + 1 Bath, (4) 3 BR + 2 3/4 Baths & (1) 2 BR + 1 3/4 Bath unit. The property was constructed in 1972 and is approximately 32,470 SqFt of building on a 21,794 SqFt lot. There is substantial rental upside, creating a quintessential "value-add" investment opportunity. The property does not require any seismic retrofitting work for its parking structure. This trophy asset in an undeniable attractive location that will surely pay long term dividends. The property directly next door at 1338 S. Carmelina Ave. (8 units), is also for sale and the subject property can be purchased individually or part of a five-property portfolio that also includes, 12415 Texas Ave. (10 units), 12425 Texas Ave., (19 units) & 11600 Rochester Ave. (13 units).
MLS® ID:
22223625
Listed:
12/5/22
Updated:
3/21/23

Interior Features

Total Bedrooms
46
Total Bathrooms
46
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
0.5 acres lot

Other Property Details

Area Name
WLA - West Los Angeles
Garage
No
Parking
None
Parking Total
26.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3
Buyer Agency Compensation
2.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/21/23. 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.

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Data last updated on 3/21/23 at 7:46 AM UTC

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