1338 S Carmelina Avenue, Los Angeles, CA 90025
Property
Sold May 2023
Listing Agent: Errol Spiro (DRE #00893163) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Robert Renshaw · REMAX COMMERCIAL & INVESTMENT REALTY · MLS #22223746 · Source: CRMLS
About this property
Rare opportunity to purchase a trophy multi-family asset in a prime West Los Angeles location. This building has an excellent unit mix of (4) 1 BR + 1 Bath, (3) 2 BR + 1 Bath and (1) studio unit. The property was constructed in 1958 is approximately 6,027 SqFt of building on a 7,381 SqFt lot. There is substantial rental upside, creating a quintessential "value-add" investment opportunity. The seismic work for the parking structure has been completed. This trophy asset in an undeniable attractive location that will surely pay long term dividends to a savvy investor. The property directly next door at 1352 S. Carmelina Ave. (26 units) is also for sale, and the subject property can be purchased individually or part of a five-property portfolio that also includes, 12415 Texas Ave. (10 units), 12425 Texas Ave., (19 units) & 11600 Rochester Ave. (13 units).
Listing description from the May 2023 sale, as reported to CRMLS.
Sale history