$3,399,000 Price Analysis   ♡   Los Angeles, CA 90016 13 bed 16 bath 6,222 SqFt ($546/SqFt) 6,302SqFt lot. Built 2023 Listed 2024-03-22, Taxes $10,256 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Welcome to 1921 Carmona!
This is a brand new construction cheerful modern fourplex in Mid-City that is 75% LEASED. The Mid City area is one the hottest markets in Los Angeles as it is close and accessible to Miracle Mile, Beverly Hills, Downtown and a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and excellent open floorplans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and windows. Currently 75% Leased, two of the 3 bedroom units are currently rented at $4, 799 and $4, 700 and the four bedroom is leased at $4, 900. The new buyer has the choice to use application and have building fully stabilized, choose their own applicants or occupy the last unit.
1921 Carmona is a NON RENT-CONTROLLED building, located n an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are minutes away. The fourplex includes 8 Parking Spaces, Brand Brand new Samsung Washer/Dryer and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.55% and little expenses.
Presented by Daniel Lalezari at
Keller Williams Realty Hollywood Hills.
Property MLS #24-370389 from TheMLSCLAW
Full Bathrooms: 16
Kitchen Features: Island
Heating Features: Central
Lot Size Dimensions: 40x156
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6302
Parking Total: 10
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 4, 1 SquareFeet: 4799, 2 BedsTotal: 3, 2 BathsTotal: 4, 2 SquareFeet: 4700, 3 BedsTotal: 3, 3 BathsTotal: 4, 3 SquareFeet: 4799, 4 BedsTotal: 4, 4 BathsTotal: 4, 4 SquareFeet: 4900
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.55
Directions: South of Venice and east of Fairfax
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5064-013-001
Postal Code Plus 4: 1116
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $36,720 + $816,000 $852,720 | $10,256 |
| 2021 | $28,569 + $23,975 $52,544 | $841 |
| 2020 | $28,277 + $23,730 $52,007 | $844 |
| 2019 | $27,723 + $23,265 $50,988 | $820 |
| 2018 | $27,180 + $22,809 $49,989 | $709 |
| 2017 | $26,648 + $22,362 $49,010 | $696 |
| 2016 | $26,126 + $21,924 $48,050 | $666 |
| 2015 | $25,734 + $21,595 $47,329 | $658 |
| 2014 | $25,230 + $21,172 $46,402 | $671 |
| 2013 | $25,116 + $21,077 $46,193 | $665 |
| 2012 | $24,624 + $20,664 $45,288 | $670 |
| 2010 | $24,142 + $20,259 $44,401 | $669 |
| 2009 | $24,019 + $20,156 $44,175 | $642 |
| 2009 | $23,962 + $20,108 $44,070 | $642 |
| 2008 | $23,549 + $19,761 $43,310 | $621 |
| 2007 | $23,088 + $19,374 $42,462 | $597 |
$3,399,000
TheMLSCLAW
Listing removed 2024-03-21
$0
TheMLSCLAW
Listing removed 2024-01-21
$0
TheMLSCLAW
Listed for rent 2024-01-20
$4,500
TheMLSCLAW
Listing removed 2023-12-16
$0
TheMLSCLAW
Listed for rent 2023-12-15
$4,500
TheMLSCLAW
Listing removed 2023-11-07
$0
TheMLSCLAW
Listed for rent 2023-11-02
$4,500
TheMLSCLAW
Listing removed 2023-10-13
$0
TheMLSCLAW
Listed for rent 2023-10-09
$4,500
TheMLSCLAW
Listing removed 2023-09-05
$0
TheMLSCLAW
Listed for rent 2023-08-27
$4,799
TheMLSCLAW
Listed for rent 2023-08-14
$4,500
TheMLSCLAW
Sold 2021-01-29
$836,000
CRMLS
Year Built: 2023
Levels: Multi Levels
Living Area Source: Appraiser
New Construction: Yes
Property Age: 1
Levels or Stories: 3
Building Total Stories: 3
House Style: Modern
Year Built Source: Builder
Architectural Style: Modern
Security Features: Carbon Monoxide Detector(s), Automatic Gate
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.