1320 S Carmelina Avenue, Los Angeles, CA 90025 - Berkshire Hathaway HomeServices California Properties

1320 S Carmelina Avenue, Los Angeles, CA 90025

$2,800,000 Approx. USD 0 beds, 0 baths

Listing Agent


Everett Wong | ewong@greysteel.com
Lic#: 01991247
Broker: Courtesy of Greysteel California, Inc.

Agent Remarks

Located in a highly desirable West Los Angeles submarket, 1320 S. Carmelina Ave offers a prime multifamily value-add investment opportunity just one block south of Wilshire Blvd and bordering Brentwood, one of the area’s most sought-after rental markets. This 9-unit apartment building, constructed in 1963, spans 6,875 square feet on a 7,382 square foot [Q]R3-1 zoned lot. The property features a diverse unit mix, including (6) one-bedroom, one-bath units, (1) three-bedroom, two-bath unit, (1) two-bedroom, two-bath unit, and (1) bachelor unit. With approximately 43% rental upside, this asset presents a compelling value-add investment with strong long-term growth potential. This is one of a 4-property, 37-Unit Westside portfolio which may be delivered individually or collectively. The other addresses are: 1511 Corinth Avenue (8 Units), 3310 S. Keystone Avenue (10 Units), and 3636 S. Keystone Avenue (10 Units).

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# PW25024900
Price: $2,800,000
Beds: 0
Baths: 0
Built in 1963
0.17 acres
Lot size: 0.1695
County: Los Angeles
Zoning: LAR3
Lot description: ZeroToOneUnitAcre
MLS area: WLA - West Los Angeles

Last Updated: 2/3/2025

 Days On Market (DOM): 48

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This listing belongs to the WLA - West Los Angeles MLS area

Lat/Long: 34.040458, -118.467632.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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