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1113 Carmona Avenue

Los Angeles (City), CA 90019
  • $3,195,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: OC23186192
UPDATED: 30 min ago
$3,195,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2019
County:

School Ratings & Info

Listing Agent(s): Omid Yousofi of New Real Estate Market (619-920-4136)


Description

Discover the hidden gem of the Miracle Mile! This luxurious fourplex, located at 1107 - 1113 Carmona, boasts of a stunning architecture, built to the standards of high-end homes. Immerse in the charm of the fairy tale-like street, while enjoying the breathtaking views of the residential neighborhood and the iconic LA skyline from your expansive balcony. With its prime location just 0.7 miles from the renowned Museum Row, this property is a rare find. The four 3 bedroom, 3 bathroom townhome-style units are fully leased, offering you a steady stream of income with the potential for even more revenue through pro forma rents. Enter the property through the gated entrance and park your car in one of the six covered or two uncovered parking spaces. Each unit is equipped with top-notch appliances, sleek high-quality finishes, and spacious floor plans. Separate meters for gas, water, and electric ensure that your tenants have maximum privacy and control over their utilities. And with four refrigerators and washer/dryer combos included, this property truly has it all. Don't miss out on this incredible opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144130803
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1113 Carmona Avenue Los Angeles (City), CA 90019

  • Price: $3,195,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 30 min ago
  • ID#: OC23186192
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2019
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Discover the hidden gem of the Miracle Mile! This luxurious fourplex, located at 1107 - 1113 Carmona, boasts of a stunning architecture, built to the standards of high-end homes. Immerse in the charm of the fairy tale-like street, while enjoying the breathtaking views of the residential neighborhood and the iconic LA skyline from your expansive balcony. With its prime location just 0.7 miles from the renowned Museum Row, this property is a rare find. The four 3 bedroom, 3 bathroom townhome-style units are fully leased, offering you a steady stream of income with the potential for even more revenue through pro forma rents. Enter the property through the gated entrance and park your car in one of the six covered or two uncovered parking spaces. Each unit is equipped with top-notch appliances, sleek high-quality finishes, and spacious floor plans. Separate meters for gas, water, and electric ensure that your tenants have maximum privacy and control over their utilities. And with four refrigerators and washer/dryer combos included, this property truly has it all. Don't miss out on this incredible opportunity!
Exterior Features

Carport YN Yes Entry Level 1 Entry Location 1st Floor Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Features Attached CarportCarportDetached Carport Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Appliances DryerWasher Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.5 Common Interest None Community Features BikingCurbsGutter(S) Electric Expense 0 Garage YN Yes Gross Income 178800 Gross Scheduled Income 178800 Inclusions 4 Refrigerators4 Washers4 Dryers Insurance Expense 2400 Land Lease YN No Laundry Features InsideLaundry ClosetIn CarportLaundry RoomOutside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 143250 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 5 Number Of Units Leased 0 Operating Expense 35550 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 0 Trash Expense 0 Water Sewer Expense 1200 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Omid Yousofi of New Real Estate Market (619-920-4136)