About 1561 Carmelina Ave
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! All units are rented and provide strong and stable rental income. Offered at a 5.16% cap rate and at $796/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!
Features of 1561 Carmelina Ave
| MLS® # | 24-370099 |
|---|---|
| Price | $3,750,000 |
| Units | 3 |
| Bedrooms | 10 |
| Bathrooms | 7.00 |
| Square Footage | 4,710 |
| Acres | 0.17 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Farm House |
| Status | Active |
Community Information
| Address | 1561 Carmelina Ave |
|---|---|
| Area | West L.A. |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90025 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 4 |
| Garages | Garage, Uncovered |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl |
|---|---|
| Heating | Central |
| Cooling | Central |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Back Yard |
|---|---|
| Windows | Mini Blinds, Window Shutters |
Additional Information
| Date Listed | March 18th, 2024 |
|---|---|
| Days on Market | 60 |
| Zoning | LAR2 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Gross Operating Income | $246,784 |
| Net Operating Income | $193,486 |
Unit 1 Details
| Beds | 4 |
|---|---|
| Baths | 2.50 |
| Rent | $8,495 |
Unit 2 Details
| Beds | 4 |
|---|---|
| Baths | 2.50 |
| Rent | $8,495 |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 2.00 |
| Rent | $3,995 |
Listing Details
| Agent | John Katnik (02002695) |
|---|---|
| Office | BRC Advisors- BH |