1320 S Carmelina Avenue, Los Angeles, CA 90025

About this property

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 description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,650,000

Sold May 2025 · listed $2,800,000, on market February 2025 · MLS #PW25024900 · Source: CRMLS

Listing Agent: Everett Wong · Listing Office: Greysteel California, Inc. · Contact: 310-382-6705 · Bought with: Behrouz Lavi · Keller Williams Realty-Studio City

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