CA > Los Angeles
Los Angeles, CA 90025,1315 S Carmelina Ave
Los Angeles, CA 90025,1315 S Carmelina Ave
Los Angeles, CA 90025,1315 S Carmelina Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$4,650,000
Est. payment /mo
16 Beds
16 Baths
9,381 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,381 sqft

Price per Sqft $495

MLS Listing ID 25589541

Bedrooms 16

Year Built 1989

Lot Size 7,360 Sqft

Acres 0.169

Property Sub-Type Multi-Family

Property Description

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%).

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central, Air Conditioning

Equipment Range/Oven, Stackable W/D Hookup

Exterior

Parking Features Gated

Garage Spaces 16.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Realty Investment Advisors, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

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