13 bedroom house for sale
Los Angeles CA 90016
- Property Type
- House
- Price
- $1,500,000
- Beds
- 13
- Baths
- 8
Overview
We are proud to present for sale, for the first time in over 30 years, a family-owned and managed apartment complex for nearly 3 decades; The Carlin Apartments. This investment property is comprised of 8 spacious units in a Prime West Adams Neighborhood of Los Angeles. The building is comprised of an attractive unit mix of FIVE (2 bed + 1 bath) and THREE (1 bed + 1 bath) units, all of which are spacious (building size of 5, 684 SF) and gives the buyer an opportunity to invest in a growing location with rental upside potential nearing +/- 230%. The building has many recent capital improvements such as a completed soft-story retrofit (completed in December 2023) and is separately metered for gas and electricity. Some amenities include on-site covered parking (for select units) and additional income from the laundry room. With a Walkscore of 79, the building is located in the one of the best pockets in the city. Exceptional location, Culver City Adjacent, situated just South of Adams Blvd and East of La Cienega. The tenants enjoy being just minutes to the Culver City Arts District, Leimert Park, Beverly Grove and the West Side. Property is subject to City of Los Angeles' rent control ordinances. Please do not walk on the property, do not disturb or engage tenants regarding the property, all units are Occupied. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agents/office. All showings are subject to accepted offer, include your Proof of Funds.
Details
- Beds: 13
- Baths: 8
- Price: $1,500,000
- Reference No.: 72860042
- Area: 5,684 sqft
Location
Los Angeles CA 90016
13 bedroom house for saleRelated Properties
Disclaimer
2024-06-12, Viewed 0 times.
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-12, Viewed 0 times.
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