1561 S Carmelina Avenue

Los Angeles, CA 90025

PRICE REDUCED

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-$50,000 (-1.33%)

$3,700,000

List Price

10

bed Beds

7

shower Baths

4,710 sqft

straighten / sqft

2023

calendar_month Built

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!

Listing Information

List Price $3,700,000
Status Active
MLS 24370099
Type Residential Income
Year Built 2023
Lot Size 7,587
Structure Size 4,710
DOM 217
Courtesy Of BRC Advisors- BH
Listing Agent John Katnik DRE#02002695

Interior Features

Total Bedroom
Bedrooms 10
Bathroom Information
Features Low Flow Plumbing Fixtures, Tile Counters, Vanity
Total Bathroom
Bathrooms 7
Flooring Information
Material Vinyl
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: John Katnik, BRC Advisors- BH 310-956-2291. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 3:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.