1655 Carmona Avenue, a sixunit apartment property located in the desirable MidCity Los Angeles submarket.Constructed in 1950, the property sits on an approximately 8,548 square foot lot and contains roughly 5,568 square feet of rentable area. The unit mix consists of two (2) one bedroom/one bath units and four (4)… Read More two bedroom/one bath units, offering a well balanced layout that appeals to consistent renter demand.1655 Carmona Avenue benefits from a centrally located setting with convenient access to major thoroughfares, employment hubs, and everyday amenities throughout MidCity and the surrounding Westside markets. The area continues to experience steady rental demand due to its proximity to Downtown Los Angeles, Culver City, and Beverly Hills, as well as nearby dining, retail, and neighborhood services.The property presents an attractive opportunity for investors seeking a smaller scale, well located multifamily asset in a supply constrained Los Angeles submarket, supported by longterm rental demand and strong market fundamentals. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Michael Kamara 310-425-9838
Listing Snapshot
Days Online
2
Last Updated
Beds
6
Square Ft.
5,568
Lot Size
0.2 Acres
MLS Number
26696943
Additional Details
Building
Living area: 5568.0, 1 building, 2 stories, Levels: MultiSplit
Cooling
None
Heating
None
Income
Gross Income: $128,796, Net Operating Income: $69,232
Lot
0.1963 acres
Parking
Carport
Taxes
Parcel Number: 5069026001, Zoning: LAC2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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