1816 Carmona Avenue, Los Angeles, CA 90019
Triplex · 2 recorded sales since 2020
Sold May 2022
Listing Agent: Elizabeth Maddox (DRE #01921425) · Listing Office: The 2-4 Unit Specialists · Contact: 818-859-7242 · Bought with: Bill Davis · Huntington Group · MLS #BB22057378 · Source: CRMLS
About this triplex
1816 Carmona Ave is a sleek new construction triplex in prime Mid-City minutes from the Culver City Arts District and Downtown Culver! This gorgeous non rent-controlled triplex is located in an OPPORTUNITY ZONE and it is nearing completion. Now is the time to lock up the best priced triplex available while also taking advantage of the major tax benefits buying in an “OZ” provides! 1816 Carmona Ave is made up of 1) a large freestanding 3-story single family residence with 4 beds and 3.5 baths, plus a large front yard area and a 2-car garage and 2) two 3-story townhome style 4 bed, 4 bath units with a 1-car garage, 3 exterior spaces and a rear yard area. We project this property will bring an impressive 4.61% return- rare in this market of low 4% cap rates! In addition to being an ideal investment, this triplex is perfect for owner occupiers! Live in the expansive front house and have tenants in the rear building pay for your high quality of living! This property boasts stainless steel kitchen appliances, washer/dryer hookups in each unit, no rent control, a 1-year builder’s warranty, minimal maintenance, and separate meters for gas, water & electric! Located 8 minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, 1816 Carmona Ave attracts high quality professional tenants.
Listing description from the May 2022 sale, as reported to CRMLS.
Sale history
