1561 South Carmelina Avenue

Los Angeles, CA 90025

$3,700,000
Price
10
Beds
7
Baths
4,710 Sq. Ft.
$786 / Sq. Ft.
4,710
Sq. Ft.
$786
per Sq. Ft.

Description

One 4 bedroom unit to be delivered vacant! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in...One 4 bedroom unit to be delivered vacant! 2023 construction farmhouse style 3 unit apartment in Sawtelle bordering Santa Monica and Brentwood! Built by TJH, this 3 unit features two 4 bedroom / 2.5 bathroom townhome units and a separate 2 bedroom / 2 bathroom unit! With 1 unit vacant and the remaining 2 rented, this property provides strong and stable rental income to offset the mortgage. Offered at a 5.28% cap rate and at $785/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. The two 4 bedroom units also includes a 2 car garage (tandem) and 1 outdoor space. Each unit also enjoys in-unit laundry. Solar panels included in sale and owned outright. All utilities are individually metered so tenants pay all utilities! Sawtelle is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Century City, Venice and Beverly Hills!
  1. Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH

Property Details for 1561 South Carmelina Avenue

Water Front
None
Zoning
LAR2
Style
Farm House
Parcel Number
4267029014
Total Units
3.0
Living Area
4710
Source Living Area
Builder
Area
West Los Angeles (WLA)
LISTING UPDATED: 10/25/2024 08:10 AM

Property Details for 1561 South Carmelina Avenue

StatusActive
MLS #24-370099
Days on Market245
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.17 AC / 7,587 SF
CountyLos Angeles County

Building Information for 1561 South Carmelina Avenue

Stories2Residences-Year Built2023Building Size-Lot Size0.17 AC / 7,587 SF

Property Information for 1561 South Carmelina Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
  • Builders Name: Thomas James Homes
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Mixed
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: East
  • Property Condition: New Construction
  • Water Heaters: Yes
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $247,960
  • Net Operating Income: $195,262.00
  • Gross Income: $253,020
  • Cap Rate: 5.28%
  • Gross Rent Multiplier: $14.62
  • Owner Pays: Gardener
  • Total Annual Expense: 52698
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1742
  • Lot Size Square Feet: 7587
  • Lot Features: Back Yard
  • Lot Description: Back Yard
Parking Details
Parking Details
  • Parking Garage: Garage, Uncovered
  • Total Parking: 6
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 4
  • Parking Features: Garage, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Vinyl
  • Equipment: Microwave, Washer, Dryer, Dishwasher, Refrigerator, Solar Panels, Range/Oven
  • Kitchen Features: Quartz Counters
  • Room Bathroom Features: Vanity area, Low Flow Toilet(s), Tile Counters
  • Bathroom Features: Double Vanity(s), Powder Room, Low Flow Toilet(s), Tile
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Sprinklers: Sprinkler System
  • Windows: Window Shutters, Mini Blinds
  • New Construction: Yes
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-18-2024
  • Rent Control: No
  • Tenant Pays: Gas, Water, Trash Collection, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $8,495.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $8,495.00
  • Unit Actual Rent: $8,495.00
  • Unit Projected Rent: $8,495.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,095.00
  • Unit Actual Rent: $4,095.00
  • Unit Projected Rent: $4,095.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $321,300.00
  • Assessed Improvement Percent: 17.36
  • Assessed Land Value: $1,530,000.00
  • Assessed Land Percent: 82.64
  • Assessed Total Value: $1,851,300.00
  • Private Transfer Taxes: No

Property History for 1561 South Carmelina Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1561 South Carmelina Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Brockton Avenue Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1561 South Carmelina Avenue is a multi-family home for sale in Los Angeles, CA 90025. This property was listed for sale on March 18, 2024 by BRC Advisors- BH, it's currently listed at $3,700,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Daniel Webster Middle School and University Senior High School Charter. 1561 South Carmelina Avenue is a 10-bed, 7-bath, 4,710 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.