2530 Carmona Avenue, Los Angeles, CA 90016
Property · 2 recorded sales since 2016
Sold July 2021
Listing Agent: Eric Akutagawa (DRE #01432257) · Listing Office: Compass · Contact: 310-820-0195 · Bought with: Nesim Hason · Blue Flamingo Realty · MLS #21709594 · Source: CRMLS
About this property
Shaky escrow and looking for backups! Finally, a dream opportunity for savvy investors, owner-users, 1031 exchangers and builders in search of that ultra rare 4-plex with 3 units delivered vacant at closing offering a plethora of options to rent as-is, occupy and collect on the others, make additional value-add improvements to achieve higher rents or convert to condos/TIC/add an ADU (check w/ city). All units are spacious 3+2's and 3 have cosmetic upgrades like quartz kitchens with newer cabinetry, remodeled baths, dual pane vinyl windows and laminate floors. An exterior community laundry closet could house pay-per-use machines for additional income, while 5 outdoor parking spaces and NO soft-story retrofitting are added conveniences. Superbly situated on a quaint cul-de-sac in a rapidly emerging West Adams neighborhood among newly built commercial and residential spaces including the infamous Cumulus campus anchored by Whole Foods market. Culver City, Beverly Hills, Silicon Beach, Downtown LA, and the Expo light rail line are only moments away. Rent for vacant units is projected and expenses are minimal since units are individually metered for gas + electric and even better, no garden means no gardener! Sewer/trash and water covered by landlord. Excellently positioned so that the numbers make sense with plenty of room to grow.
Listing description from the July 2021 sale, as reported to CRMLS.
Sale history
