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1921 Carmona Ave, Los Angeles, CA 90016

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For Sale

$3,399,000

13 beds • 6,222 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $546.29
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City that is 75% LEASED! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floorplans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and windows. Currently 75% Leased, two of the 3 bedroom units are currently rented at $4,799 and $4,700 and the four bedroom is leased at $4,900. The new buyer has the choice to use application and have building fully stabilized, choose their own applicants or occupy the last unit. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.55% and very little expenses.
MLS# 24-370389

Courtesy Of Keller Williams Realty Hollywood Hills

(310) 623-1300

Property Features

  • Age
    1-5 Years Old
  • Architecture Style
    Modern
  • Cooling System
    Central A/C
  • Heating System
    Central Furnace
  • Lot Size
    0.14 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 1921 Carmona Ave, Los Angeles, CA 90016

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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