2304 S Carmelina Ave, Los Angeles, CA 90064
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2304 S Carmelina Ave Los Angeles, CA 90064

$2,395,000
  • 3 Beds
  • 8 Baths
  • 3,843 Sq.Ft.
For Sale
$2,395,000 Get Pre-Qualified

Map preview of 2304 S Carmelina Ave, Los Angeles, CA 90064

Property Overview: 2304 S Carmelina Ave Los Angeles, CA has 3 bedrooms, 8 bathrooms, 3,843 living square feet and 6,248 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This prime eight-unit apartment building in West Los Angeles, adjacent to Santa Monica, presents a fantastic investment opportunity. The property boasts tastefully updated units featuring elegant crown and base moldings, hardwood floors, and stylish built-ins. Recent enhancements include a 100-gallon central water heater replaced just two years ago, a roof that's approximately 10 years old, and a newly poured concrete driveway and parking lot. Additionally, the building has undergone a completed soft-story retrofit. Owner has plans for two ADU's. In turnkey condition, this building is ideal for someone transitioning from a trade or seeking a hassle-free investment with reliable tenants in place. The blend of modern updates and a desirable location makes this property a standout choice for investors looking to add a high-quality asset to their portfolio. Shown with accepted offer.

Listed by Joseph Schiro | BRE #01162621 | Plush Home Int'l Realty
Last checked: 7 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
6,248
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24434593
City
Los Angeles
County
Los Angeles
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,587
  • Total Rent: $1,587
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,639
  • Total Rent: $1,639
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,806
  • Total Rent: $1,806
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,488
  • Total Rent: $1,488
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.69
  • Gross Scheduled Income: --
  • Net Operating Income: $96,370
  • Gross Operating Income: $158,198
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2304 S Carmelina Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Ceiling Fan(s), Crown Molding
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Off Site
Property Information
  • Total # of Units: 8
  • Parcel Number: 4259028002
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: W. Pico Blvd., North on Centinela, Right on S. Carmelina
View more facts & features

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Sale History for 2304 S Carmelina Ave

Last sold for $400,000 on October 23rd, 2001
  • September, 2024

  • Sep 2, 2024

    Date

    Active

    CRMLS: 24434593

    $2,395,000

    Price

  • October, 2001

  • Oct 23, 2001

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 2304 S Carmelina Ave

Assessed Value (2020): $678,564
Year Land Value Improved Value Assessed Value
2020 $405,235 $273,329 $678,564

Home Value Compared to the Market

This property vs the competition

2304 S Carmelina Ave is listed 99.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $623.21 per/sqft which puts the price per square foot 18.85% lower than the median price per square foot for the city of Los Angeles.

About 2304 S Carmelina Ave

Detailed summary of property

2304 S Carmelina Ave is a multi family located in Los Angeles, CA 90064 and is currently for sale. This multi family property offers 3 bedrooms, 8 bathrooms, roughly 3,843 living square feet, and sits on an approximately 6,248 square foot lot. 2304 S Carmelina Ave was first listed on ArdentRealEstateGroup.com on September 3, 2024. The homeowner is currently asking $2,395,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 99.58% higher than the median priced home. Local competing homes currently for sale include 10628 Ayres Ave, 12021 Washington Pl and 12021 Washington Pl. While the average home in Los Angeles, CA is selling in 106 days, 2304 S Carmelina Ave has a days on market of 17 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2304 S Carmelina Ave Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2304 S Carmelina Ave

Public county record property details
Beds
3
Baths
8
Year built
1965
Sq. Ft.
3,843
Lot Size
6,249
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
4259-028-002

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,949,000
Median List Price/Sq.Ft.
$1,011
Median Sold Price
$1,530,000
Median Sold Price/Sq.Ft.
$1,087
Total Inventory
76
Median Sale to List Price %
95.92%
Avg Days on Market
49
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.