- ERA
- California
- Los Angeles
- 5459 Carlin Street
5459 Carlin Street, Los Angeles, CA 90016
Local realty services provided by:ERA North Orange County Real Estate
5459 Carlin Street,Los Angeles, CA 90016
$1,498,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: thomas ahola
Office: harcourts prime properties
MLS#:OC26013471
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,498,000
About this home
Located at 5459 Carlin in the highly desirable West Adams neighborhood, this multifamily property offers a prime investment opportunity with significant upside potential. The property features a total of 4 units, including 2 newly renovated 2-bedroom/1-bathroom vacant units completed in 2024, enhancing its modern appeal. The renovated units include new windows and doors, new laminate floors, new mini split air conditioners, as well as full kitchen remodels with included brand new appliances. The exterior of the property has been renovated featuring a new private patio for the front vacant unit, a full repaint, custom landscaping, as well as new fencing and sliding gate. The remaining units are also 2 two-bedroom/one-bathroom units, with a total rentable square footage of 2,508 on a 4,829-square-foot lot. With 1 current vacancy, this presents a rare opportunity for immediate income growth. With a 27% rental upside, the property has the potential to produce $10,600 per month ($127,200 annually) at market rents, achieving a cap rate of 6.45%. Currently, it operates at a 4.28% cap rate and a GRM of 13.7. The property includes one dedicated parking space per each unit, ensuring convenience for tenants in an area where parking is a premium. Its prime location near Santa Monica, Culver City, LAX, Playa Vista, Silicon Beach, and the 10 Freeway drives strong tenant demand, offering easy access to major employment centers and lifestyle destinations. The property benefits from steady current cash flow, two immediate lease-up opportunities, and significant rental upside in a highly sou
Contact an agent
Home facts
- Listing ID #:OC26013471
- Added:15 day(s) ago
- Updated:February 04, 2026 at 03:23 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Finances and disclosures
- Price:$1,498,000
New listings near 5459 Carlin Street
- New
$1,495,000Active3 beds 2 baths1,404 sq. ft.3346 Coy Drive, Sherman Oaks, CA 91423
MLS# 26645653Listed by: COMPASS - Open Sat, 1 to 4pmNew
$895,000Active4 beds 3 baths1,857 sq. ft.23042 Gilmore Street, West Hills, CA 91307
MLS# SR25279850Listed by: RODEO REALTY - New
$938,000Active3 beds 2 baths1,448 sq. ft.6922 Woodlake Avenue, West Hills, CA 91307
MLS# SR26018834Listed by: BEVERLY AND COMPANY - New
$2,200,000Active5 beds 3 baths3,772 sq. ft.7622 Pomelo Drive, West Hills, CA 91304
MLS# SR26024639Listed by: VISION REALTY & ASSOCIATES, INC. - New
$3,399,000Active14 beds 9 baths5,295 sq. ft.1238 W 30th Street, Los Angeles, CA 90007
MLS# 26647307Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$1,700,000Active5 beds 5 baths3,070 sq. ft.726 W 37th Street, San Pedro, CA 90731
MLS# SB26025028Listed by: KELLER WILLIAMS PALOS VERDES - New
$1,925,000Active5 beds 3 baths2,112 sq. ft.1518 N Stanley Avenue, Los Angeles, CA 90046
MLS# 26634387Listed by: THE BIENSTOCK GROUP - New
$1,700,000Active3 beds 2 baths1,589 sq. ft.1558 N Kenmore Avenue, Los Angeles, CA 90027
MLS# 26642807Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$2,000,000Active4 beds 5 baths4,808 sq. ft.3622 Lowry Road, Los Angeles, CA 90027
MLS# 26646143Listed by: COLDWELL BANKER REALTY - New
$630,000Active1 beds 1 baths623 sq. ft.13200 Pacific #419, Playa Vista, CA 90094
MLS# 26647073Listed by: RODEO REALTY