1315 S Carmelina Avenue, Los Angeles, CA 90025
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1315 S Carmelina Avenue,Los Angeles, CA 90025
$4,650,000
- 16 Beds
- 16 Baths
- 9,381 sq. ft.
- Multi-family
- Active
Listed by:benjamin j. hsiang
Office:realty investment advisors, inc.
MLS#:25589541
Source:CRMLS
Price summary
- Price:$4,650,000
- Price per sq. ft.:$495.68
About this home
We are pleased to present 1315 S Carmelina Avenue, an opportunity to acquire a well-positioned eight-unit multifamily property in the highly sought-after West Los Angeles submarket. Constructed in 1989, the property offers a blend of stable in-place income and long-term growth potential, with a current 12.93 GRM and 4.73% cap rate. Each of the eight residences features a spacious two-bedroom floor plan, with four units including lofts and private rooftop decks that enhance livability and tenant appeal. The building is thoughtfully designed with individual washer/dryer hookups, central air conditioning and heating, fireplaces, and oversized private balconies. In addition to secured entry and gated parking, residents also benefit from two parking spaces per unit. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%).
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Home facts
- Year built:1989
- Listing ID #:25589541
- Added:7 day(s) ago
- Updated:September 16, 2025 at 10:21 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:16
- Living area:9,381 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1989
- Building area:9,381 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$4,650,000
- Price per sq. ft.:$495.68
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