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Chuck Lamm

chuck.lamm@engelvoelkers.com +1(818) 652-2876

$ 3,700,000

Est. payment -/mo

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Active

1561 S Carmelina AVE Los Angeles, CA 90025

10 Beds

7 Baths

4,710 SqFt

UPDATED:

10/25/2024 03:23 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,710 sqft

Price per Sqft $785

MLS Listing ID 24370099

Bedrooms 10

HOA Y/N No

Year Built 2023

Lot Size 7,588 Sqft

Acres 0.1742

Property Description

ONE 4 BEDROOM UNIT TO BE DELIVERED VACANT! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Garage Garage, Uncovered

Garage Spaces 4.0

Garage Description 4.0

Pool None

View Y/N No

View None

Parking Type Garage, Uncovered

Total Parking Spaces 6

Private Pool No

Building

Lot Description Back Yard

Faces East

Story 2

Entry Level Two

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 4267029014

Special Listing Condition Standard

Listed by John Katnik • BRC Advisors- BH

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

Chuck Lamm

1561 S Carmelina AVE Los Angeles, CA 90025

Key Details

Location

Interior

Exterior

Building

Others

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1561 S Carmelina AVE