1352 S Carmelina Ave

Los Angeles, CA, 90025

$10,350,000

$318 per ft²
$10,350,000
$318 per ft²
Sold
Sold
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:
22-223625
Listed:
12/5/22
Updated:
3/31/23

Interior Features

Total Bedrooms
46
Total Bathrooms
46
Cooling
None
Heating
None

Exterior/Building Features

Lot Size
0.5 acres lot
Exterior Features
None

Other Property Details

Garage
No
Parking
None
Parking Total
26.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR3

Property History

Date
Event
Price
Value
3/23/23
Price Change
$10,350,000
-5%
3/23/23
Sold
-
-

Courtesy of Miller & Desatnik Realty Co., Errol Spiro,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Megan Whalen Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/31/23

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