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5439 Carlin St | Los Angeles CA | 7299980063

Enrique Viramontes

This listing was posted on RealtyWW.

$1,500,000

Home For Sale In Los Angeles, California

Price:
$1,500,000
BR/BA:
10+ BR, 8 BA
Location:
5439 Carlin St, Los Angeles, CA
Description:

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.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i72860042
Property Type:
Single-Family Houses
Amenities:
Parking
For sale by:
Agent/Broker
Posted:
June 12 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR Eight Bath Single-Family Homes for Sale at 5439 Carlin St in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 5439 Carlin St by searching Oodle Classifieds for 10+ BR Eight Bath Single-Family Homes for Sale in Los Angeles CA.